The New Taxes Stated In Their Briefest Form Are As
follows : Income Tax raised by 40 per cent. and levied on lower incomes than before; Super Tax increased on incomes over £8,000; a special tax of 50 per cent.. on war profits;......
The New Super Tax On Incomes Over £8,000 Will Be
as follows:- Between £8,000 and £9,000 2s. 10d. Between £9,000 and £10,000 8s. 2d. Surplus of all incomes above £10,000 ... fls. 6d. Thus a man with an income of over £10,000......
As For The Income Tax, Only 20 Per Cent. Of
the proposed 40 per cent. increase will be levied during the remainder (that is, the second half) of the current financial year. The following table shows the old and new rates......
Lord Kitchener Has Been Criticized For Asserting That The...
have apparently shot their bolt, but we are hound to nay that recent events give support to his words. We think it most probable that the Germans are beginning to feel anxiety......
We Have Dealt At Length Elsewhere With The Question Of
National Service, and the bitter controversy which has arisen over it. We aro glad to say, however, that this bitterness seems to be abating, and that the wild rumours and......
Unless We Are Greatly Mistaken, She Will Not Try To
break through in the West, for she knows that there she is held so firmly that to take the offensive would mean a loss in soldiers which she could ill spare. That being so, she......
Practically No News Has Been Received From The...
the past week. We shall not attempt to say what this inactivity, or apparent inactivity, portends.......
We Have Written Elsewhere Of The Budget, Which Mr. Mckenna
explained with equal brevity and lucidity in the House of Commons on Tuesday. Here we wish simply to summarize its contents. According to the estimate, the expenditure in the......
A Long Despatch From Sir Ian Hamilton Describing The...
operations in May and June was published in the papers of Tuesday. This spirited narrative tells how in the early days of May it was still hoped that a comparatively rapid......
The True Position Of The Cabinet As A Whole, And
of those within the Cabinet whose personal view is that we cannot now carry through the war without compulsion, is net forth by Lord Curzon in the altogether admirable letter......
Other Points May Be Stated. The Special Tax Of 50
per cent. is to be levied on all industries of which the profits exceed the profits on the assessment for 1914.15 by more than £100. The Sugar Duty rises from 1s.10crto 9s. 4d.......
To Go Into More Detail, Here Is The Balance-sheet, As
drawn up in the Times, of the current financial year :- EXPI4NDITURE. N avy .6 O. ••• 600 .6 £190,000,000 Array ••• ••• ••• 715,000,000 External Advances ... 423,000,000 Pro-......
Previous page
