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Finance Act, 1918
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Super-tax for 1918–19.

20.—(1) In addition to the income tax charged at the rate of six shillings under this Act and the additional income tax under section twenty-seven of the Finance Act, 1916, there shall be charged, levied, and paid for the year beginning on the sixth day of April, nineteen hundred and eighteen, in respect of the income of any individual, the total of which from all sources exceeds two thousand five hundred pounds, an additional duty of income tax (in this Act referred to as “super-tax”) at the following rates:—

In respect of the first two thousand pounds

of the income

-

-

-

-

-

Nil.

In respect of the excess over two thousand pounds—

for every pound of the first five hundred

pounds of the excess

-

-

-

one shilling

for every pound of the next five hundred

pounds of the excess

-

-

-

one shilling and sixpence.

for every pound of the next one thousand

pounds of the excess

-

-

-

two shillings

for every pound of the next one thousand

pounds of the excess

-

-

-

two shillings and sixpence.

for every pound of the next one thousand

pounds of the excess

-

-

-

three shillings.

for every pound of the next two thousand

pounds of the excess

-

-

-

three shillings and sixpence.

for every pound of the next two thousand

pounds of the excess

-

-

-

four shillings

for every pound of the remainder of the

excess

-

-

-

-

-

-

four shillings and sixpence.

(2) All such enactments relating to super-tax as were in force with respect to the super-tax granted for the year beginning the sixth day of April, nineteen hundred and seventeen, shall have full force and effect with respect to the super-tax granted under this section.