Income Tax How to Avoid Overcharges And Obtain Repayments With a Chapter On Su
Income Tax How to Avoid Overcharges And Obtain Repayments With a Chapter On Su
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In our eReader you can find the full English version of the book. Read Income Tax How to Avoid Overcharges And Obtain Repayments With a Chapter On Su Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Income Tax How to Avoid Overcharges And Obtain Repayments With a Chapter On Su
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To quickly assess the difficulty of the text, read a short excerpt:
No claim for refund of double tax can then be made by the shareholder, and he should further note that the reduced rate of tax paid will affect the allowance given to him in his capacity of British resident under the section quoted on p. 55.
For instance, suppose a man has an income of 500 a year, derived from shares. Normally, he would recover 61 17s. 6d. , if a single man. But 100 comes from a South African mine, and the Company has made the claim for allowance, which has been allowed to the ...extent of Is. 8d. In the . The Company has, therefore, paid British tax only at 3s. 4d. , and deducts tax at that rate from its dividend warrants.
It will now be seen that the shareholder has paid only 16 13s. 4d. English tax on this item, instead of 25. The Inland Revenue therefore repays the personal allowance of 61 17s. 6d. , less the 8 6s. 8d. Underpaid by the shareholder on his mining shares.
In calculating liabilities for the years 1920-21 and 1921-22, the standard rate of tax should be taken at 6s.
What to read after Income Tax How to Avoid Overcharges And Obtain Repayments With a Chapter On Su?
You can find similar books in the "Read Also" column, or choose other free books by A D Macmillan to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
No claim for refund of double tax can then be made by the shareholder, and he should further note that the reduced rate of tax paid will affect the allowance given to him in his capacity of British resident under the section quoted on p. 55.
For instance, suppose a man has an income of 500 a year, derived from shares. Normally, he would recover 61 17s. 6d. , if a single man. But 100 comes from a South African mine, and the Company has made the claim for allowance, which has been allowed to the ...extent of Is. 8d. In the . The Company has, therefore, paid British tax only at 3s. 4d. , and deducts tax at that rate from its dividend warrants.
It will now be seen that the shareholder has paid only 16 13s. 4d. English tax on this item, instead of 25. The Inland Revenue therefore repays the personal allowance of 61 17s. 6d. , less the 8 6s. 8d. Underpaid by the shareholder on his mining shares.
In calculating liabilities for the years 1920-21 and 1921-22, the standard rate of tax should be taken at 6s.
What to read after Income Tax How to Avoid Overcharges And Obtain Repayments With a Chapter On Su?
You can find similar books in the "Read Also" column, or choose other free books by A D Macmillan to read onlineMoreLess
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