Finance Act, 1920


1 & 2 Vict. c. 2.

33. In this Part of this Act and in any subsequent enactment relating to income tax, except where otherwise expressly provided—

The expression “earned income” means income which is earned income within the meaning of section fourteen of the Income Tax Act, 1918, and also includes any income arising in respect of Civil List Pensions granted under the Civil List Act, 1837, as amended by any subsequent enactment:

The expression “relative” includes any person of whom the person claiming a deduction had the custody and whom he maintained at hs own expense while that person was under the age of sixteen years:

The expression “standard rate of tax” means the full rate of income tax charged for the year:

The expression “assessable income” in the case of any income other than earned income means the amount of that income as estimated in accordance with the provisions of the Income Tax Acts.