Finance Act, 1925

PART I.

INCOME TAX.

Income tax and super-tax for 1925-26.

1.—(1) Income tax shall be charged for the year beginning on the 6th day of April, 1925, at the rate of four shillings in the pound.

(2) Super-tax shall be charged for the year beginning on the 6th day of April, 1925, at the same rates as those at which it was charged for the year beginning on the 6th day of April, 1924.

(3) The several statutory and other provisions which were in force during the year beginning on the 6th day of April, 1924, in relation to income tax and super-tax shall, subject to the provisions of this Act, have effect in relation to the income tax and the super-tax to be charged as aforesaid for the year beginning on the 6th day of April, 1925.