Income Tax Act 1805

Charging Duties on fractional Parts.

III. And whereas Difficulties have arisen in charging the said recited Duties on the fractional Parts of the Profits or Gains charged by the said recited. Act; be it further enacted, That upon every fractional Part of Twenty Shillings, of the Annual Profits or Gains aforesaid, the like Proportion of Duty, at the Rate before recited, shall be charged, provided no Rate of Duty shall be charged of a lower Denomination than One Penny.