Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698071693001.pdf (Guyana)
\ •· ' lrmsh i'.iuiana.

ANNUAL REPORT OF THE • COMMISSIONER REVENUE OF INLAND ·, FOR THE YSR 1961 (Printed by the Authority of His Excellency the Governor).

GEORGETOWN, DEMERARA, BRITISH GUIANA.

Printed for the Govemment of British Guiana by the "B.G.

Lithographic Company", Limited, La Penitence, E.B., Demerara, British Guiana.

1964 - - t 1 • Sir, INLAND REVENUE DEPARTMENT, G.P.O.

Building, Georgetown, British Guiana, 1964 .


February, Revenue 1 have the honour to submit my report 1961. for the year ended 31st December, upon the working of the Inland I.FUNCTIONS OF THE DEPARTMENT 2.The Inland Revenue Department administers the following duties: Income Tax; Excess Profits Tax; Duty.

Estate The most important of these duties is the Income Tax.

Il.

ADMINISTRATION OF THE DUTIES.


3.Three Commissioners have been appointed by the Governor under the of Section By the provisions 3 of the Income Tax Ordinance, of the Ordinance.

Tax Ordinance, of the Income Tax Ordinance Chapter of Sections 1941, the Commissioners charged and collect provisions administration Excess Profits istration Tax.

Section 3 of the Estate Duty (Amendment) Ordinance, Duty shall be under the care and management appointed Revenue of Section Chapter 299.
One of the Commissioners of tbe Department.

under the provisions Duty Ordinance, 4 of the Estate are to assess controls Chapter 301, as amended 299, for the due 2 and 12 of the with the admin­ the Excess Profits 1956, provides of the Commissioners 3 of the Income Tax Ordinance, the day to day administration that the Estate of Inland by Section m.OUTLINE OF THE DUTIES.

(a)Income Tax.

4.Income Tax was introduced in British from or received Guiana in 1929.
The tax is assessed in the Colony (by residents and in, derived in the year preceding on income accruing non-residents) profession annuities property.

and charges, or vocation, employment, interest the Year of Assessment, from trade, or discounts, business, pensions, rentS", royalties, and any other profits from arising dividends, premiums .. "· ,.. 5.As from the year 1947, persons ordinarily resident the Colony are assessable mcome) whether the Colony.
only on the amount received living together, are aggregated Earned income arising outside in the Colony.

or not the income accrues and are treated in, is derived British Guiana is taxable in and domiciled ( other than earned from or is received in the Colony and wife, of a husband in The incomes as the income of the husband.
on their income from all sources 6.A certain amount of the income of individuals and dependent benefit premiums is exempted and allowances allowances paid during relative to one-tenth the year.

Exemption of the capital of personal, family ance and sickness life assurance and in aggregate each policy policies effected after 17th December, is reS"tricted premiums to one-sixth by means for life assur­ in respect sum assured of on or in the case of whichever is less.
1954, the sum of $1,500 of the total income, 7.The tax payable to the nature of the Company) by individuals is on a graduated scale.

Companies are liable the income tax paid by a Company can be recovered out of which the of tax, is income of of the a set-off before deduction his own tax liability, to flat rates.

In so far as by de­ was made.


The gross payment, to claim against who is entitled (according income is distributed, duction distribution the recipient amount deducted of tax at the rate paid by the Company on the profits or deductible.

2 8.Agreell}ents and relief the avoidance not taxed in subject other country double taxation have been concluded with the United Kingdom and Canada for of double taxation.
By these agreements certain the Colony or in the other contracting to tax in both Colony and the other is given to a resident country, of the Colony.

Commonwealth relief against countries, a tax credit income is and where income is for tax paid in the is given in appropriate cases. '

• (b)Excess Profits Ta.x 9.Th_t Excess Profits Tax came into force with effect from 1st September, as from 31st December, 1939, and was repealed excess of the profits The standard profits.
amount or the profits putation profits of the accounting duty is no longer made in a chargeable accounting profits of a selected of the amount of capital were at the option period.

employed Except for a few cases still Special in the trade or business period.

of any importance.

of the taxpayer either rules were made for the com­ 1945.
It was chargeable to be finalised, period over the standard a minimum and of the on the this (c)Estate Duty 10.Estate Duty is the only duty in force in connection with deaths occuring at the present time.

In general (a)property the duty is chargeable in respect of: of which the deceased was at the time of his death com­ petent to dispose of; (b)property mortis inter vivos made three years before taken as a donatio in which the deceased (c)property (d) settlements (e) life policies benefit of a donee.
with reservation; effected by the deceased causa made by the deceased; gifts the death of the deceased; had interest ceasing and at death; and kept up by him for the • + 11.Estate Duty is payable at a graduated scale according the estate aggregate at death.

The rule is that all chargeable property rate of duty payable.
value determines the to the net value of and the is aggregated 12.Reciprocal provisions exist for the elimination of double death duty taxa­ situate is given against tion between property credit payable cases where there the property purposes on that same property is situate of estate the Colony and other Commonwealth in Commonwealth country is liable countries.

to estate In such cases where duty in the Colony, property a the duty payable here on the overseas for the duty is situate.
In where in the country may be deducted from the value of that property where the property the duty payable in the country relief, is no double taxation for the duty in the Colony.

IV.TAX COLLECTED 13.The gross receipt in respect of duty collected of previous (including in respect $19,433,699 $18,089,393, the Treasury arrears of the current paid over to the Treasury.

repayments $18,026,997.

amounted by the Department during the year years) was $19, 536.205.00.
Repayments a net amount of was and the net amount paid over to leaving year the gross receipt In the previous year mounted to $102,506 to $62,396 14.Table 1 shows the net amount of Income Tax, Excess Profits Tax and E�tate Duty collected and of comparing paid over to the Treasury 2. one year with another during the paid over to the Treasury during the net amount of these duties last five years 1957 to 1961 is shown in Table 1961.

For the purpose collected and TABLE 1.


NET RECEIPTS - COLLECTED AND PAID TO THE TREASURY IN 1961 Duty Income Tax Excess Profits Tax E!ltate Duty .

Budget Net Estimate 1961 Receipts + Excess Budget Esti­ mate 1962 $ $ 18,500,000 18,993,960 50,000 8,658 350,000 533,587 18,900,000 19,536,205 - Deficiency $ + 493,960 - 41,342 + 183,587 + 636,205 $ 18,000,000 15,000 500.000 18,515,000 .. - TABLE 2.
NET RECEIPTS - INCOME TAX, EXCESS PROFITS TAX AND ESTATE DUTY 1957 - 1961 3 )I') I Year of Budget Fatimate Assessmen t I Net Receipts Total Income Tax $ Excess Profits \ Tax Estate Duty I $ $ - $ 1957 1958 1959 1960 1961 13�850,0001 16,385,670 16,550,000 19,440,565 15,050,000 16,957,222 18,026,997 16,775,000 18,900,000 19,536,'.
!05 15,938,462 18,973,264 248,563 16,743,180 47,775 17,373,499 225.816 218,738 166,267 427,682 t 18,993,960 8,658 533,587 + 447,208 Note: +$339,750 of this was collected by the Registrar, and $107,458 by this Department.

V. INCOME TAX (a)Collections 15.The comparative collections of Income Tax for the years 1957 - 1961 are as follows:- TABLE 3.
INCOME TAX COLLECTED - COMPANIES AND INDIVI­ DUALS Year of Assessment Budget Estimate Net Receipts Total CompaniesIndividuals 1957 1958 1959 1960 1961 $ $ $ 13,600,000 15,938,462 13,179,216 2,759,246 16,250,000 18,973,264 16,232,342 2,740,922 14.750,000 16,743,180 13,579.090 3,164,090 16,500,000 17,373,499 13,620,514 3,752,985 18,500,000 18,993,960 14,815,710 4,178,250 16.An analysis of Collections (Year of income 1960) and previous years is shown in Table 4. in 1961 in respect of Year of Assessment 1961 TABLE 4.
ANALYSIS OF INCOME TAX COLLECTED - YEAR OF ASSESSMENT 1961 AND PREVIOUS YEARS Year of Assessment 1961.

Details $ C. Collection 1961. in s C. Tax collected Less: Refunds (see para.

29) 16,420,228.38 102,505.71 (Table 8) Add: Sec.

39 Tax (see para.

25) duties Unassessed (see paras.


26 and 27) Board of Review Deposits and penalties Previous Years: Tax collected (Table 9) Add: Refundable Less: Refund incorrectly overpayments made by Drainage & Irrigation 16,317,722.67 110,778.85 6,492.15 10.00 16,435,003.67 2,442,508.79 18,877,512.46 116,440.88 2.81 116,438.07 Add: Amount over credited 9.9.61 not corrected by Bank on by Treasury Collections as per Tables 1 & 2 (b)Rates and Allowances.
18,993,950.53 10.00 18,993,960.53 17.The following table shows the rates for the Years of Assessment 1942 to 1961.

TABLE 5.

INCOME TAX RATES 1942 - 1943 1944 - 1946 1947 - 1961 Individuals: • On first $1,200 On next 1,200 6c.

On first $1,200 6c.

On first $1,200 6c.

9c.

,, next 2.400 12c.

,, next 2,400 12c. "

" 1,200 12c.

,, remainder 24c. "

" 2,400 24c. "

" 2,400 15.:.

Surtax chargeable income above $6,000 on " " 2,400 40c. "

" 2,400 25c.

4,800 40c.

first $2,400 10c.


On every dollar of " " 2,400 50c. "

" 9,600 50c.

On next $2,400 20c.

remainder 60c.

remainder 60c ,, remainder 40c.

Companies: 1947 -1950 1951 - 1961 Other than Life Assur- ance Coys.

25% Other Companies 33}% Life Assurance Coys.

5% Life Assurance Coys.

5% 40% 45% 5% 15% Allowance 18.With effect from the Year of Assessment was reduced from $500 to $700.
Allowances the Personal from for children increased $250 for each child, child under the age of 12; $350 for each to $250 for each child under the age of 16; and $500 for each child not under 16 years of age and attend­ mg school, Relative or other educational from $150 to $200.

university was also increased college, Allowance 1958 (Year of Income 1957) establishment.

from $1,000 to $900, and the Wife Allowance were also changed The Dependent 19.Table 6 shows the all.
:>wances 1942 to for the Years of Assessment 1961.

TABLE 6.

INCOME TAX ALLOWANCES.
Allowance 1942 - 1948 1949 - 1957 1958 Onwards Personal Allowance $ 720 $1,000 $ 900 Married Allowance 1,200 1,500 1,600 Child Allowance First Child Other Children 240 180 250 each (under t 2) 250 each 350 each (12 and under 16) 500 each (16 and over) - • - 20.Relief is also given in respect insuring Relatives, the life of the person or of his wife, contributions Life Insurance of Dependent Pre­ to miums paid on policies approved Society superannuation for insurance against sickness schemes or pension funds and to any Company or approved of the person or of his wife.
21.Relief against double taxation is allowable this Colony and the United Kingdom and Canada or under provisions.

either under arrangements entered Commonwealth into between relief 22.Effective rate of tax on specimen incomes for the Year of Assessment 1961 are shown in Table 7.

I/� l TABLE 7.

INCOME TAX-AMOUNT AND EFFECTIVE RATE OF TAX ON GRADUATED INCOME, 1961.
5 fl Income Single Persons Without Married Couples Married Children entitled Couples to Allowance for three children Amount Effective Amount Rate Amount Rate of Tax Rate of Tax of Tax $ $ $ $ $ $ $ 900 .006c.
1,000 6 1,100 12 .011 1,200 18 .015 1,300 .018 2d 1,400 30 .021 1,500 36 .024 1,750 51 .029 66 .033 2.000 2,500 96 .Q38 180 .060 3,000 4,000 300 6,000 720 .12 8,000 1,376 .17 1,456 .15 10,000 2,246 .22 15,000 5,076 34 3,996 .27 6,996 .35 20,000 8,616 .43 30.000 15,096 .so 13,656 .46 13,496 .45 26,076 .52 25,651: .51 l4,996 .50 50,000 I 9 .005 24 .012 54 .022 96 .032 .Q75 216 .054 552 .092 1,096 .14 1,896 .19 4,656 .31 7,656 .38 18 .006c.
84 .021 327 .054 768 .096 Note: Allowances for Life Insurance and Dependent Relatives have not been taken into account.

(c)Assessments.

23.Particulars of tax and penalties charged, tax djscharged for the Year of Assessment or remitted, 1961, as at 31st tax paid in advance December, 1961, are given in Table 8. and tax outstanrung TABLE 8.

SUMMARY OF TAX ASSESSED AND COLLECTED FOR THE YEAR OF ASSESSMENT, 1961.
Head Total Companies Individuals Net Tax assessed Tax assessed future years in respect of Penalties-Late Penalties-Late Payments submissions 1, 142,89 37,676.74 6,897.30 159,111.52 23,071.41 136,040.11 1,142.89 30,779.44 $ C. $ C. $ c. $17,947,555.72 $14,218,806.40 $3,728,749.32 Total Tax charged Tax discharged Tax paid in advance Net Tax Collectible Tax collected 18,145,486.87 88,746.11 15,359.59 14,248,775.11 50,523.56 3,896,711.76 38,222.55 15,359.59 18,041,381.17 16,420,228.38 14,198,251.55 13,168,485.51 3,843,129.62 3,251,742.87 Tax outstanding 31.12.61 $ 1,621,152.79 $ 1,029,766.04 $ 591.386.75 Note: Figures relate to assessments made to 31st December, 1961.
24.Tax assessed and collected years during 1961 'in respect of previous is given in Table 9. r TABLE 9.

TAX ASSESSED AND COLLECTED lN 1961 IN RESPECT OF PREVIOUS YEARS.
6 - 1960 1959 "'l 958 & Earlier years Head Total Companies Individuals Companies Individuals Companies Individuals at 31.12.60 2,621,338.4 Tax outstanding Tax assessed Penalties Penalties in 1961 - Late Submission 4,500.16 - Late Payment 22,679.85 1,496.43 9,540.37 292,68 5,233.24 1,183.13 5 411,093.65 574,775.42 _359,775.10 36,673.48 674,696.36279,816.42 260,290.92798,535.54 212,854.10 456.55 582.19 356.91 2,767.87 1,665,694.47 754,969.76 242,849.04 336.64 4,934.00 .
3,650,685.81 $ C. $ C. $ c. $ C. $ c. $ c. $ c. .
Total Tax charged 6,299,204.27 Tax discharged Tax written off Tax paid m advance 100,788.08 22,214.30 16,282.37 987,365.50 317,239.13 16,494.07 12,856.15 3,504.82 10,274.22 17,698.39 1,046,779.70 478,960.45 2,465,770.05 l 1,588.26 13,662.71 5,828.54 2,599.82 1,003,089.44 39,960.43 '4,797.50 19.84 Net Tax Collectible 6,159,919.52 Amount Collected 2,442,508.79 970,871.43 598,743.75 1,008,672.58 616,902.89 313,734.3 270,063.52 l 460,257.87 164,086.47 958,311.67 2,448,071.66 9 155,881.3 636,830.77 Tax outstanding 31.1.61.
3,717,410.73 372,127.68 391,769.69 43,670.79 296,171.40 1,811,240.89 802,430.28 * Also includes tax assessed and collected on future years.

25.Tax on interest Income Tax Ordinance, paid to non-residents, the year amounted collected imposed during under Section 39 of the to $110,778.88.

26.

Unassessed amounted to assessment $6,386.47.


duty, that is, tax collected in respect of years out of date for 27.Penalties amounting of returns and $105.68 submission 10 shows the "breakdown" of penalties in 1960 and 1961. to $5,643.05 were inflicted for late on taxpayers for the submission of incorrect retunns.

Table TABLE 10.
Table TABLE 10.

PENALTIES IMPOSED ON TAXPAYERS Penalties Penalties for the late submission of Income for understatement of returns 1961 1960 $ C. 5,643.05 105.68 $ c. 3,091.80 50.00 5,748.73 3,141.80 28.No tax was remitted under the provisions of Section 72 of the Income Tax Ord'iinance by the Governor-in-Council in 1961.

29.Repayment of tax, in respect amounting years of assessment, of tax assessed of the Year of Assessment to $571,379.30 and collected Revenue.
in 1961 in the sum of This amount has been was made in 895 oases.

made in respect were debited to Head 3-Internal 1961 and in arriving at the net receipts in respect of tax paid in years but has been debited of Revenue.

shown in para.

13.

The amount of from is not deducted Sub­ Head 31 , Miscellaneous, prior to 1961 to Expenditure previous Repayments $102,505.71 deducted $468,891.59 net receipts head 14.
Refunds 30.Tax written off during on which the amount was written off were as follows: the year amounted to 22,214.30.

The grounds Left Colony Whereabouts Dead and no means Short paid unknown $20,329.80 412.42 1,471.76 .32 $22,214.30 • ,.. - vJs (d)Arrears of tax.

7 31.The tax outstandinng (The comparable This is made up as follows:- $5,338,563.52.

$2,621,338.45).

as at 31st December, 1961 amounted to figure as at 31,st December, 1960 was TABLE 11.
INCOME TAX OUTSTANDING Year of Assessment Total Individuals Companies $ C. $ C. $ C. 1961 .

.

Previous Years 1,621,152.79 3,717,410.73 591,386.75 1,490,371.37 1,029,766.04 2,227,039.36 5,338,563.52 2,081,758.12 3,256,805.40 32.The amount outstanding 1960) was accounted December, for as follows:- (with the comparable position as at 31st TABLE 12.
PARTICULARS OF INCOME TAX OUTSTANDING Head Amount 1961 1960 $ c. $ c. {a) Under Objection 1,985,756.79 901,190.21 (b)Under Appeal 40,178.27 30,214.18 (c)Assessed but not due for collection 2,l&0,816.95 834,784.94 {d) Due for collection 1,131,811.51 855,149.12 ·5,338,563.52 2,621,338.45 33.The true arreas (which is the amount due for collection) to These amounted figure for 1960 was $855,149.12.

The comparable $1,131,811.51.

arrears were accounted for as follows:- TABLE 13.

PARTICULARS OF THE ARREARS.


---------------------:-----------� ---- Amount Head 1961 1960 Civil Servants Other Employees Traders Companies $ c. $ C. 215,244.19 154,863.81 327,573.30 276,697.18 397,887.73 288,914.77 191,106.29 134,673.36 1,131,811.51 855,149.12 34.There was an increase in the arrears of $276,662.39 on the previous in any previous to render collection year.

The percentage As I stated lation advisable.

should also assist.

sideration.


The introduction of true arrears report of outstanding revenue of tax collectible I am of the view that the introduction and more expeditious of the Pay As You Earn System (P.A.Y.E.)

easier rose from 4.3% to 4.6%.

of legis­ is Draft legislation for con­ to effect these has been submitted (e)Incidence of the tax.

35.The incidence of the income tax for 1961 compared with that for years is given in Table 14. earlier '1 .... .. ·� TABLE 14.
INCOME TAX-INCIDENCE ON COMPANIES AND INDIVIDUALS FOR 1961 AND EARLIER YEARS.
1961• I 1960 I 1959 I (Immediate 1947 year) post-war 1939 1929 (Immediate pre-war I year) (First year of assessment) Gross I Tax IGross I I Gross Income 'fax Income Income I Tax IGross I Gross I Tax IGross Income Tax ----- Income Income ---- I Tax Companies Individuals Total $ $ $ $ $ $ $ $ $ $ $ $ 00 36,193,477 M,755,491 35,947,029 M,709,367 34,480,752 13,693,280 12,627,612 4,567,125 4.207,415 411.083 3,679,065 197,635 52,169,482 4,795,049 48,320,612 4,224,634 44,343,275 J,808,444 10,558,632 884,014 4,072.136 124,992 3,351,491 121,569 -- 88,362,959 19,550,540 84,267,641 18,934,001 78,824,027 17,501,724 23,186,244 5,451,139 8,279•,551 536,075 7,030,556 319,204 *Notes: (i) Figures for 196 I represent assessments made up to 30th April, 1961 the total income asseisable (ii) The 1961 figures do not represent for the Year of Assessment 1961.
1 I\ J.,.

.. \ � . '

I I 9 36.The incidence of the Tax for the Year of Assessment 1961 on individuals is shown in the following table : TABLE 15 .
INCIDENCE OF INCOME TAX FOR 1961-INDIVIDUALS Income Group Chargeable Income Rate per Amount % tive % Group Cumula-$ Tax Amount % tive % Group CUmula- $ 1-1,200 10,944,176 40.6 40.6 6 656,650 13.7 1,201-3,600 7,913,242 29.4 70.0 12 949,589 19.8 3,601-6,000 3,390,613 12.6 82.6 24 813,747 17.0 6.001-8.400 1,695,467 6.3 88.9 40 678,187 14.1 8,401-10,800 942,792 3.5 92.4 50 471,396 9.8 Over 10,800 2,042,466 7.6 100.0 60 1,225,480 25.6 $ 13.7 33.5 50.5 64.6 74.4 100.0 Total 26,928,756 4,795,049 37.The Chargeable Income, $22,543,258, above.
It will be noted that 70% of this was assessed rate of tax paid by individuals dollar.

dollar of chargeable income or 9.2 cents on every dollar of gross income.

Chargeable assessed up to $3,600 per annum yielded was 17.8 ce111ts in every on individuals.

as of individuals only 33.5% of the tax at 12c.

or under in the was assessed The average incomes .. (f) Gross Income and Chargeable Income .
38.Particulars for the Year of Assessment 1961 are set out in Table 16. of the Gross Income and Chargeable Income of individuals TABLE 16.

GROSS INCOME AND CHARGEABLE INCOME OF INDIVIDUALS FOR YEAR OF ASSESSMENT 1961.

Gro� Income :- Deductions Personal Allowance Allowance for Wife .. Children ..
Dependent .. Life Insurance Relatives Wear and Tear Previous Losses • $ $ 52,169,482 12,190.324 4,227,096 4,450,329 799,112 3,036,349 24,703,210 4411,417 27,466,272 89,099 537,516 Chargeable Income 26,928,756 The gross income of $52,169,482 was reduced allow­ statutory income of $26,928,756, that is, approximately by several 51.6% of ances to 0. chargeable the Gross Income.

(g), Gross Income and Net Income.


39.The gross income and the net income after tax for the Year of Assess­ ment 1961 are compared with those of earlier years in Table 17. c:­ \rv' Ot") 1947 1939 TABLE 17.

GROSS INCOME AND NET INCOME AFTER TAX $ '000 1961 I Total Com-I panies I lndivi-I Total I Com- duals I Ilndivi-I Total duals ·--- panies 1960 1959 .

.
.

Com- panies duals lndivi- I Total I Com- lndiv1- panies duals 1 $ $ $ 1;1- I Indivi- ,.. Co Total 0 parues duals I $ Gross Income Tax Charged Net Income after Tax $ $ ..

I 88,363 36,193 .. ..
I I 19,55014,755 68,813 21,4381 $ $ $ $ $ $ $ 52,170 84,268 35,947 4,195 48,321 78,824 23,186 12,628 10,558 8,279 4,207 4,072 18,934 14,709 ,J,225 17,501 5,451 4,567 884 536 411 125 I I I J 47,37s 65,334 21,238 1 i4,(,96 i·l,323 20.71!8 40,5351 17,7351 8,061 9,674 j ---- I 7,743 I 3,796 3,947 $ I 44,343 3:,481 IJ,693] 3,808 I � �\ ;t: \ y (h) Classification of Income 11 40.Table 18 shows the income classification 1939, 1960 and 1961. for the Years of Assessment assessed of individuals and compames TABLE 18.
NUMBER OF ASSESSMENTS - INDIVIDUALS AND COMPANIES INCOME GROUP NUMBER ASSESSED Individuals Companies 1961 1960 1939 1961 I 1960 ' 1939 n Income not exceeding $ 5,000 10,399 11, 14(> 1,480 60 63 from$ 5,001 10,000 7,013 1,930 109 33 34 ..
., 10,ou1 15,000 470 414 29 24 29 .. 15,001 20,000 157 117 12 17 12 20,001 25,000 25,001 30,000 31 .. 30,001 50,000 29 20 50,001 75,000 5 ., ., 75,001 100,000 ., 100,001 150,000 ., 150,001 200,000 1 .. ,, 400,001 500,000 12 8 16 14 13 12 8 13 10 9 5 4 12 14 200,001 300,000 300,00) 400,000 1] 7 7 11 3 500,000 ., exceeding 41 26 2 1 I 5 2 2 6 6 J') 50 14 7 6 6 2 10 9 ] I 2 3 ] • " TOTAL 1.1,144 13,703 1,634 244 230 113 Notes: (i)Income here means gross income or income before deduction of statutory allowances.
(ii)When the examination 1961 is completed, year will be approximately approximately 260. of all returns for Year of Assessment the number of individuals assessed for that 16,000 and the number of companies (iii)While in 1939 the number of individuals of $5,000 was only 154 comparable were 2,557 and 2,745 respectively.

ever not final.

with incomes figures for 1960 and 1961 The 1961 figures are how- in exces.s (i)Statistical data,.
41.Appendices details A-Z show statistical relating to the Year of Assess­ ment 1961 and previous years: Appendix A - gives details heads), etc., Net tax collectible 1956 to 1961. of Assessments, Chargeable deductions, Gross Income ( under the several Income, set off, tax charged, for each of the Years of Assessment Appendices B taxpayers & C- In these appendices categories: Companies.
of the Years of Assessment B and C, further the four categories Civil Servants, The information are classified Other Employees, given in Appendix 1960 and 1961 is, in Appendices into four main Traders and A in respect analysed to show particulars for each of of taxpayers.

Appendices D-I - give Industrial Chargeable Income, Income and Net Tax assessed for the 1961.

Year of Assessment and Occupational Classifications of Gross Appendices J-L - show for each industrial and occupational and Average 1961.
Assessment Income and Taxes assessed group the Gross for the Year of Appendix M - shows the rates and tax assessed at each rate for each of the 12 Years of Assessment 1929-1959.

- Appendix N gives the incidence of tax for the Year of Assessment 1959 on the income classification.

Appendices O & P -show the incidence 1960 on individuals Servants," "Other Employees" and "Traders".
of tax for the Year of Assessment as a whole, and separately on "Civil Appendix Q - gives the incidence of tax for the Year of Assessment 1961 on an income classification.

Appendices R & S -show the incidence 1961 on individuals Servants", "Other Employees" of tax for the Year of Assessment as a whole and separately and "Traders".

on "Civil Appendices T-W -show the incidence 1961 on the main industrial of tax for the Year of Assessment and occupational groups.
Appendices X-Z - show particulars of the Gross Income, Allowances and occupa­ classification tional Year of Assessment of not-taxable 1961 examined individual in 1961. returns for the (j) Returns 42.Comparative figures of prescribed returns received for the and examined years 1960 and 1961 are given in Table 19.

TABLE 19.
TABLE 19.

RETURNS RECEIVED AND EXAMINED Prescribed Returns (Form 1) 1961 1960 Total Number of returns prescribed received including partner­ ships Number of assessable returns including partnerships .. 20,873 20,649 14,600* 14,500 Approximate cases .. number of non-taxable 6,273 6,149 *Note: This figure includes partnerships not included in para.

40 (Table 18), as partnerships are not assessable as such.
43.In respect of years prior to Year of Assessment and of those received 1961 there were 1,009 were 1,894 returns either not examined outstanding (i.e.

not received) or under examination.

2,231 returns were outstanding 1961. of the Year of Assessment in respect not examined or under examination as at 30th For that year the number of returns to 1,363.
1962, amounted April, The arrears as at 30th April, 1961 were as follows: of work in respect of the non--submission and examination of returns Years prior to Year of Assess-Year of Assess-Total ment 1961 ment 1961 Returns not received 1,894 2,231 4,125 Received but either under examination or not examined 1,009 1,363 2,372 Total 2,903 3,594 6,497 .
• Returns oot received were as follows: 13 (a)Category of Taxpayers Years prior to Year of Assess- ment 1961 Year of Assess- ment 1961 1 Total Civil Servants Other Employees Traders Companies 293 721 846 34 498 922 740 71 791 1,643 1,586 105 Total 1,894 2,231 4,125 (b) Office Years prior ro Year of Assess- Year ment 1961 of Assess- ment 1961 Total Georgetown 1,851 2,061 3,912 Springlands 43 170 213 Total 1,894 2,231 4,125 Returns either under examination or not examined were as follows:- (a)Categorv of TaxpayerYear of Assess- Years prior to Year of Assess- ment 1961 ment 1961 Total Civil Servants Other Employees Traders Companies --· 155 214 553 87 235 645 407 76 390 859 960 163 Total 1,009 1,363 2,372 r (b) Office Years prior to Year of Assess- Year of Assess-ment 1961 ment 1961 Total Georgetown 956 1,283 2,239 Springlands 53 80 133 Total 1,009 1,363 2,372 Arrears examination of work in respect of returns not submitted, were as follows:- not examined or under (a)Category Years prior to of TaxpayersYear of Assess-ment 1961 ment 1961 Year of Assess- Total Civil Servants Other Employees 448 935 733 1,181 1,567 2,502 Traders 1,399 1,147 2,546 Companies 121 147 268 Total 2,903 3,594 6,497 14 (b) Office Years prior to Year of Assess- Total Year of Assess-ment 1961 ment 1961 Georgetown 2,807 3,344 6,151 Springlands 96 250 346 ------ Total 2,903 3,594 6,497 to the prescribed 15,746 Preliminary where persons of a preliminary 44.In addition Department received returns are required examination he is required for 1960 and
 1961 are as follows:- to submit the prescribed returns returns (Forms 16 & 17).
Preliminary (Form 1) referred to above, the return the person then appears If upon are not prima facie chargeable.

to be chargeable, return (Form 1).

Comparative figures TABLE 20.

PRELIMINARY RETURNS RECEIVED Preliminary Returns 1961 1960 Form 16 - Employees Form 17 - Traders 13,449 12,484 2,297 1,984 15,746 14,468 45.
Accounts (k), Miscellaneous of Traders submit unsatisfactory accounts and appear to keep no proper and Professionals: The majority of traders and to be the case directives professionals still records such as would enable appears proper books, accounts who now consult to increase.

to the Department.

qualified As mentioned and records to assist persons in a previous them to submit accurate are issued returns.

under the provisions Whenever this 44 that of Section should be kept.
The number of traders in their Income Tax affairs continues report, this is proving of great assistance -.. • 46.

Investigations: Shortage In these cases the amount of tax undercharged of staff continued work.

Durmg the year 148 cases effecting amounted and staff of the required of to impede this aspect "traders" were to $191,633.72 in previous reports, staff, be possible with illlcreased to accomplish Court in Commissioner much more in this direction.
of Income Tax v. De Freitas the Departmoot in this field.

Amending The 37 continues to hinder the Department's settled.

As I stated standard, decision ( 1958) I.W.I.R.

legislation it should of the Federal to nullify this is under consideration.

4 7.
4 7.

Legal proceedings (a) for the recovery instituted during of tax due and outstanding the year were as follows: 91 (25 of these were settled the year) (b)for refusal, (c)for refusal, failure failure to submit returns to submit information58 of income124 during or neglect or neglect 273 48.Objections: As at 31st December, 1960, there were 528 objections (525 Income Tax am1 3 Excc:ss Profits 879 were lodged.

During the year 570 were determined as follows: Tax) undetermined.
In 1961 a further (a) Withdrawn (b) Maintained ( c ) Reduced (d) Discharged 5 248 244 73 570 At the end of the year 837 objections 3)were undetermined.

Tax (Income Tax 834 and Excess Profits - 49.Appeals to Board of Review: The year commenced with 11 appeals pending.

During the year 52 appeals were received.

8 were determined as follows: 15 Withdrawn 3 Allowed 4 Reduced Disallowed 1 8 55 appeals remained to be heard at 31st December, 1961.

50.
50.

Appeals to Judge in Chambers: At the begilllning There were 11 appeals against of the year 10 by the decisions appeals during Commissioner to a judge were pending.

the year.

By the consent firmed and 5 reduced.

dismissed 6 other appeals and one was withdrawn.

of the parties three assessments appealed against against were con­ were the Com.missioner's decision As at 31st December, 1961, six cases remained to be beard.

51.
51.

Appeals to the Full Court: There was 1 appeal the decision against decision of the Commissio for want of jurisdiction.

of a judge in chambers dismissing ner.

This appeal was struck to the Full Court an appeal agaios� out by the Full Court the 52.Appeals to the Federal of a judge in chambers Court: One appeal was made to the Federal confirming the Commissioner's a decision Court against decision.

This appeal was unheard as at 31st December, 1961. .

,. "
53.Appeal:, to the Privy Council: The appeal of the Federal C-ourt, to which reference to the Privy Council was made in my previous against a decision report was still pending as at 31st December, 1961. : 54.Legislation (i)Ordinances : The Income Tax (Amendment) Ordinance 1961 was enacted to amend the Principal Ordinance to provide that: (a)no allowance shall be given in respect of insurance premiums paid ·unless there is a capital sum payable at death; (b)the amount of the deduction shall not exceed ten per centum of the capital sum assured.
(c) the allowance deduction ances.

shall not exceed of personal, wife, children 1/6 of the chargeable and dependent income before allow­ relative (d)the allowance aggregate.

shall not, in given circumstances, exceed $1,500 in (ii)Proclamations: Proclamation not resident to persons payable Guiana 6½ % Debentures dred thousand 1960).

dollars No.

7 of 1961 exempted in the colony in respect of Government of the lom issue of two million from income tax interest of British five hun­ 1960 (No.
9 of Loan Ordinance 1971/1981 authorised by the Public 55.Income Tax Agents: The Official Representative, London, Income Tax Office, 26 Grosvenor Income Tax Agent for the Commissioners in assessing resident acknowledged.

in the United Kingdom.

His kind assistance Gardens, Territories Overseas S.W.
1, continued to act as Government pensioners is once again gratefully 16 VI.EXCESS PROFITS TAX: (a)Collections: 56.The comparative collections of the Excess Profits Tax for the years 1957 to 1961 are as follows:- TABLE 21.

EXCESS PROFITS TAX COLLECTED.


Year Budget Estimate Net Receipts 1957 1958 1959 1960 1961 $ 50,000 50,000 50,000 50,000 50,000 s Nil 248,563 47,745 225,816 8,657 -+ • in paragraph 9, this duty was repealed Kingdom companies operating 57.As bas been mentioned of the liability of United by the question of Excess Settlement has been affected Tax in the computation was finally settled Ltd. v. Commissioner of the Revenue.

lised.
lised.

of the deductibility Tax liability Pr0:fits when the Full Court in Bookers of United in the Colony.

(Demerara) Kingdom of Income Tax (1955) L.R.B.G.

166 decided 1961 three cases remained As at 31st December, to be fina­ in favour in 1945. in the Colony Income The question Sugar Estates (b)Rates.
58.The rates of duty were as follows: Chargeable Accounting Periods 1st September, 1941 1939 to 31st December, 1st January, 1944 1942 to 31st December, 1st January, 1945 1945 to 31st December, (c)Arrears of Tax.

Percentage Profits Excess of 60% 80% 60% -.

,.

59.The tax outstanding to $84,209.52 amounted was $143,339.03).
The following as at 31st December, 1961 (which is still (the comparative amount as at 31st December, in dispute 1960 table shows how the amount bas been reduced:- TABLE 22 EXCESS PROFITS TAX-ACCOUNT 1961 Amount outstanding Amount discharged 1960 as at 31st December, Tax collecte d Tax outstanding 1961 as at 31st December, $143,339.03 50,471.67 92,867.36 8,657.84 84,209.52 VII.ESTATE DUTY (a)Collections: - 60.The comparative collections of the Estate Duty for the years 1957 to 1961 are as follows:- TABLE 23 ESTATE DUTY COLLECTED Year Budget Estimate Net Receipts 1957* 1958 1959 1960 1961 $ 200,000 250,000 20(,,IJ,·,.
400,000 450,000 $ 447,208 2L8J738 166,267 427,116 497,035 Note: *The care and management was transferred from the Registrar to the Commissioner of InJand Revenue tn July, 1957.

17 61.Particulars of the duty assessed and collected during the year and of duty outstanding as at 31st December, 1961 are given in Table 24.

TABLE 24.
TABLE 24.

DUTY ASSESSED AND COLLECTED IN 1961 Duty outstanding Duty assessed as at the 31st December, 1960 charged and interest in 1961 paid in 1961 Duty and interest as at the 31st December, 1961 Duty outstanding *Gross Receipts.

$ c. 145,429.35 529,745.54 675,174.89 *497,035.77 178,139.12 62.Under-valuation of property listed and omission to be submitted under section required inventory nance, still comparatively in duty because the estate the scale.
small increase in value would result would thereby be assessable of property 13 of the Estate from the Duty Ordi­ where a is noticea,ble large increase rate in in a relatively at the next higher appear to be fairly prevalent.

Under-valuation 63.The net value of property that which would have been assessable in Table 25. assessed on the original and returned, duty assessed and are shown returned values TABLE 25.
VALUE OF PROPERTY RETURNED AND ASSESSED Value of Property Duty and Interest • • Assessed Returned Increase Amount % Amount % $ $ c. 7,963,777.65 113.9 529,745.54 173.6 6,990,228.65 100.0 288,100.97 100.0 973,549.00 13.9 241,644.57 73.6 64.Increases in value and duty were occasioned in 94 cases as follows: TABLE 26.

Value of Property Duty No.


of Distric Cases t Assessed Returned Increase Assessed Original lncrease 67 Georgetown 27 Berbice 772,763.99 444,195.79 644,980.80 C. $ C. $ 2,059,640.36 C. $ 1,414,659.56 328,568.
$ $ C. $ C. 205,133.11 408,926.75 203,793.64 C. 20 61,935.26 24,084.3337,850.93 94 2,832,404.35 1,858,855.35 973,549.00 470,862.01 229,217.44 241,644.57 Early in 1960, in Re Gomes, Gordon J. held that the Commissioner As a result arose with even minor On 4th February, authorising Revenue changes Chapter 301 was passed had no authority and valuation.

of section 14 of Revenue the Commissioner 1961, amendment difficulties to value.

of Inland of Inland to value.


65.There appears to be room for considerable improvement in the assess­ ment and collection respect ennacted ordinance of the Estate in 1898 and has not been materially hes been prepared.

of this duty.

I am of the view that a first essential in this and re-enactment Duty Ordinance amended since then.

A new draft is the repeal which was (b) Rates.

66.The following table shows the rates of duty payable as from 1948.

- 18 TABLE 27.
Range of Net Capital Value of Estate Rate of Duty Per Centum Exceeding Not Exceeding $ $ 500 2,500 5,000 10,000 25,000 50,000 75,000 100,000 125,000 150,000 175,000 200,000 250,000 300,000 350,000 400,000 45'0.000 500,000 600,000 1,000,000 1,500,000 2,000,000 4,000,000 5,000,000 2,500 5,000 I 0.0'00 25,000 50,000 75,000 100,000 125,000 150,000 175,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000 600,000 1,000,000 1,500,000 2,000,000 4,000,000 5,000,000 • ½ 1 2 3 5 7½ 10 12 14 16 18 20 22 24 26 28 30 32 35 40 45 50 55 60 67.The amount of duty is, where necessary, amount at the next lower rate plus the amount by which the net to the highest limited the value on which the highest amount of duty would which would be payable value of the estate be payable exceeds at the lower rate.
68.Where any property of the deceased children dollars thousand There is also a reduction of property and in certain other specified cases, the first twenty-five so passing is liable in tlhe rates in certain to duty at half of the above rates.

oases of quick succession.

passes to the widow, minor or unmarried female (c)Number of cases received and completed.

69.The following table shows the number of cases received and completed during i961.

TABLE 28.
TABLE 28.

Total Georgetown Berbice Office Office Cases incomplete at 31 / 12/60 16 12 4 Notifications filed in '1961 .

.

890 660 230 Total 906 672 234 Cases completed in 1961 870 642 228 Cases incomplete at 31 /12/ 61 36 30 6 (d), Cases not subject to duty 70.The number of cases not subject to the duty was 223 (Georgetown 177 and Berbice 46).

(e) Classifica,tion of estates liable to estate duty.

71.The following table shows the range of estates subject to the duty.

- • • • - - t.f '+ 7 .


II 19 TABLE 29 Range of Net Capital of Estates Value Office Office Georgetown Berbice Total No.

No.

No.

Per cent .

.
Exceeding Not Exceeding $ $ 223 25.63 500 .. 177 46 under 2,500 .. 221 102 323 37.13 500 126 14.48 39 2,500 5,000 .. 87 5,000 10,000 .. 71 94 10.80 23 5.52 10,000 25,000 .. 39 9 48 50,000 .. 18 25,000 2.53 22 4 75,000 .. 10 50,000 12 1.37 2 75,000 100,000 .. 8 1.03 9 1 100,000 125,000 .. 2 .35 3 l .35 125,000 lSv,000 .. 2 3 I .35 150,000 175,000 .. 3 - 3 Exceeding 175,000 .. 4 - .46 4 Total .. 642 228 870 100.00 72.Appeals of 1960 was still one on a uestion to the Supreme pending of law and the other on a Court: The case which was pending at the end 1961.
Two other petitions more filed, q uestion of valuation.

at 31st December, q VIlI.

GENERAL.

Branch Offices: Office remained 7 3.

The Springlands 31st December, tyne to the Upper Corentyne is established, December, as at 1961.

While its district should extend it took over, until the New Amsterdam Office to Letter Kenny, Corentyne reached River, the New Amsterdam the only branch office established 1961, the taxpayers only from Whim, Coren­ on its register area.

As at 31st .I,358.
As at 31st .I,358.

74.Temporary accommodation for the district office in New Amsterdam was provided structed that the quarters in 1959.

Quarters or are being constructed) to house senior will soon be ready and that this office had not, however, been provided.

will be opened.

staff (which have since been con­ It is hoped 7 5.

Office Accommodation: continues With the expansion to be a problem.
In the Estate Duty Division of the Department Adequate space to preserve there is insufficient accom­ room at Head Office modation secrecy is no longer to accommodate possible.

declarants and their advisers adequately.

76.Consideration of the additional accommodation much cannot be delayed longer.
Staff Training : During the year Mr. H. R. P. Dennison, undertook a course on Estate Duty at Minford the Proper House, Bush, London, and did a part course in Valuation at Debenham, Estate Officer, Shepherd's Tewson and Chinnocks, Duty Division, Telegraph Street, London, which lasted six weeks.

Mr. G. S. Wong, Assistant Inspector of Taxes, undertook a Colonial Income Tax Course in London.

i7.

Staff: Due to continued suffered the work of the department considerably.
lack of properly qualified and sufficient staff, 78.Twenty-two officers joined the department during the year while six resigned and eight were transferred.

79.Mr.

J.

A. Alli, Deputy Commissioner of Inland Revenue was seconded to act as Director of Marketing with effect from 8th March, 1961.

80.The Proper Officer, Estate Duty Division, of Taxes, two Trainee on leave during the year.

.Assistant Inspector Assistant Inspectors, proceeded an Inspector of Taxes, .
an a Class II Clerk and a Clencal 31.The staff worked faithfully and well under adverse conditions.

I wish 20 to express my deep gratitude to them for their co-operation and loyalty.
82.Establishment : Posts provided for in the Estimates 1960 1961 Commissioner (Executive Com.missioner) Deputy Commissioner Assistant Com.missioner Senior Examiner Senior Inspectors of Taxes of Taxes Inspectors Assistant Inspectors of Taxes Junior Assessing Officers Clerical: Males Females Messengers 1 1 2 7 5 5 2 1 5 5 22 17 4 22 17 4 65 66 83.Commissioners : The assistance Chairman Mr. l'.

W. King, C.B.E., O.B.E., Fraser, is most gratefully of the Public Service Commission acknowledged.
and Mr. W. 0. given me by the other Commissioners, I have the honour to be, Sir, Your obedient servant, W. G. STOLL, Commissioner of Inland Revenue.

The Secretary to the Treasury, Public.

Buildings, Georgetown.

,..

I - • r - • APPENDIX "A" .. YEARS OF ASSESSMENT 19S6 - 1961 No.

of 1 Assess­ ments 1957 -·-· -- No.

of Assess- ments 1958 No.

of 1 No.

of Assess- ments 1960 s C. $ ·c.

:_1 s c. s c. No.
of Assess- ments -� 1961 s C 1956 s C. l,138,03 2 618,879 1,660 610,679 1,50 640,625 1,60 5 743,866 '.
2�609,1 594 112 9,398 4,883 4,285 4,813,791 344,977 10,373,287 2,486,817 2,923,986 648 105 \0,368 5,286 4,697 I 59 218,818 10,389,632 3,452,326 3,417,649 555 146 11,876 5,447 4,831 2,907,1 63 5 3,682,050 11 I 310,671 13,52 8 11,048,086 6,02 0 3,626,725 5,51 3,775,634 2,889,053 374,491 11,747,364 4,048,585 4,233,465 588 113 14,441 6,442 5,666 N .... 2,997,56 6 5 331,4i 12,190.32 4 4,227,09 6 4,450,32 9 Head No.
of Assess­ ments A.Gains or Profits from any trade, business, profession or vocation from any the B.
Gains or Profits employment (including value of board, residence or other allowance Interest and in or re­ C.Dividends, Discount, ceived arising in kind) D.Pensions, in the Colony Charges ties from sources without the Colony or Annui­ within or E.Rents, Royalties, and any other profits from property Premiums arising Total Gross Income Assessed Dedacdom: Losses Allowance Wear and Tear Previous Personal Allowance Allowance Allowance latives Allowance for Wife for Children for Dependent .. for Life Assurance Re- Tola!
Deductions ----- Net Chargeable Income 46,91�.o 107 52,451,583 61,437,477 --- 52,995,700 57,262,244 8 60,330,76 Gross Tax Charged 24 16,045,915.

Set-off allowed (Sec.

25) 1,805,457.


76 18,130,908.87 21,609,414.82 17,501,723.74 18,934,001.36 9 19,550,540.3 2,180,510.37 2,563,022.69 758,624.79 892,013.35 913,241.1 7 Relief allowed (Sections 48 & 49) 113,407.

51 119,884.27 137,873.26 108,161.27 156,821.17 40,369.o, ,4 Total Set-off and Relief 1,918,865.

27 Refunds 278,483.

91 2J300;394.66 - 375,319.26 Net Tax Collectible 14,405,533.

88 5% Penalty 94 783.


16,205,833.47 ---- 16,207,205.82 1,372.35 2,700,895.95 866,786.06 298,261.75 -�--- 19,206,780.62 223,325.49 1,860.27 6,400.52 Total Amount Collectible 14,406,317.82 19,208,640.89 I 16,864,663.69 18,200,170.53 16,858,263.17 18,186,561.91 2 18,862,460.7 --- 13,608.62 1,048,834.52 953,610.21 301,395.07 265,530.54 3 - 18,901,280.35 \: ......

APPENDIX "B'' YEAR OF ASSESSMENT 1960 ' l.,-, � No.

of Assess- ments Civil Servants No.

of Assess- ments Other Employees No.


of IAssess- Traders ments No.

of Total No.

of Assess-Individuals ments Assess-Companies Assess-I Total meats ments No.
of $ c. $ c. $ c. $ c. $ c. I $ c. Head A B C D E T, w p p Al Al Al A N G s R, Ti N 5 any ssion any � the ,ence in and or y .. An- with- 1lony iums aris- essed 1dent ·ance ) 1 49) Total Amount Collectible 157 92,310.00 533 482,916.00 1,968 6,683,541.00 1 I 2,658 7,258,767.00 247 35,813,437.00J 2,90, 43,012,204.oo 4,628 12,905,703.00 6,732 23,267,819.00 466 828,073.00 11,826 I 37,001.595.oo I -1 - I I 11,826 37,001,595.00 769 146,291.00 2,242 836,498.00 }, 187 1,263,779.00 4,198 2,246,568.00 31 104,445.00 4,229 2,351,013.00 622 6:11,420 OC 351 346,574.00 90 100,969.00 1,063 1,098,963.00 1,063 1,098,963.00 357 117,779.00 470 116,898.00 6,533 13,913,503.00 10,328 05.00 25,050,7 7661 480,042.00 4,477.
9,356,404.00 1,593 714,719.00 12 2�,147.00 1,605 743,866.00 21,338 48,320,612.00 290 35,947,029.00 21,628 84,267,641.00 N N - - 64 - 17,989.00 11,874.00 4,186,662.00 1,267,732.00 1,372,443.00 7,045 3,154 2,636 49,622.00 17,500.00 6,177.138.00 2,081,077.00 0 1,975,387.0 430 429,538.00 76 66,573.00 1,691 1,383,564.00 994 699,776.00 983 885,635.00 4,792 1,872 1,896 74 - 1,762 4,346 335,952.00 903,514.00 2,053 5,378 393,791.00 1,548.070.00 407 64,304.00 -- 1,053 466,808.00 4,222 794,047.00 10,777 2,918,392.00 - 14,732 8,096,166.00 20,340 5,817,337.00 ----- 638,631.98 - 18,118.30 I 2,242,5 85.00 5,634 3,996,198.00 12,808,120.00 5,360,206.00 2,273,880.54 1,312,121.54 203,356.21 291,575.27 --- 13,528 11,747,364.0 6,020 4,048,585.00 5,515 4,233,465.00 568 497,149.00 67 2,391,904.00 635 2.889,053.00 - - - 76 95,947.00 35 278,544.00 - - - - - - - 13,528 11,747,364.00 6,020 4,048,585.00 5,515 4,233,465.00 374,491.00 Lil - 12,128,79 1,479.83 13,608.62 460.71 3,474.29 18,579.01 5,224.47 625,277.44 2,212.98 206,830.50 296,242.75 29,253.60 117,035.57 4,667.48 ---- 2,096,303.64 1,132,914.36 -- -- 4,636.00 - 5,279.81 627,490.42 I 2,101,583.45 1,137,550.36 3,866,623.23
 14,333,544.30 18,200,170.53 l +- 1 T \ � ·.. '); �' ' • ) ' ' • • • APPENDIX "C" YEAR OF �£$MENT 1961, Head II No.
of Assess- ments Civil INo.

of --- ments Servants Assess- Other No.

of I Employees Assess-Traders ments c. $ c. $ No.

of No.

of Total Assess- Assess-Individuals ments ments : Companies No.

of ---- Assess-Total ments C. $ $ c. $ c. c. I I A B C D $ from any 't !

Gains or Profits 1521 trade,_ business, profession or I vocation .

.

.

.

Gains or Profits from any the employment (including value of board, residence or I in kind) .

.
.

other allowance Dividends, and Dis- Interest .. 3 9 in or received count, arising 4 An- in the Colony Pensions, nuities from sources or without Rents, Royalties, and any other profits .

.

from property the Colony Charges or arising 4,719 witli.in 144,813.00 2,544 3 1,316.00 6 674 Premiums - 9 39 ---- ,788.00 508 11 3 .

.
3 93 3 --·-- 1.00 11,428 ,0 ,8 1 6,881 3 81 39 Total Gross Income Assessed Deductions : 9 .00 101,58 3 63 178,229.00 1, 933 9 30,082,00 1 6, 3 9 3 ;0 1,591.00 4831 84 8.00 12,895,525.00 27,2 3 2 7,6 9 ,910.00 2 2,448 7,20 I 9 3 12,8 70,214.00 40, 4 1 - 93 99 3 5, 3 1, 18.00 - 9 4,695 2,132,406.00 42 8,607.00 1 - - 2,741 4 3 ,201,228.00 1 3 4 12,8 9 70,214.00 4'0, 3 4.737 31,013.00 2, 3 1,151 8,032.00 1,1 746,527.00 1,208 1,241,066.00 1,672,00 9 6 115,044.00 3 1,151 1,138,0 2.00 3 9 9 .00 .00 666 466,14 8 132, 33 9 --·--- ,595,4 00 4,386 28,68l.018 .00 .
---- 1,567 718, 9 5 52,16 22.6 9 20.00 3 40 --·- 9 ,482.

'00 5 3 ,552.00 1,572 722,472.00 3 3 3 9 9 3 5 ,0 2 ,477.00 5 62, 88, .00-- N (A 36,1(9 3 - 6 .. .. W, p p A .

.. .

.

.
.. .

.

.

.. .. :ar and Tear evious Losses rsonal lowance 3 3 86 404,8 34, 51.00 16,845.00 77 62,5 Allowance for Wife .. " " Children " " Dependent " " Life Assurance Total Deductions 9 - 9 ,168.00 66 9 ,657.00 93 4,03 ,944.00 7, (l,734,761.00 7 3 3 9 1,2.25,731.00 2,3 I 8.820.00 1,026 682,545.00 3 3,571 845,425.00 38,941.00 2,824 1, 2,265, .00 97 6 3 3 - --- 9 12,125.00 2, 419,315,00 403 67,672.00 3 1,701 81 Relatives ,614.00 6,349 88 1,672,135.00 1,084 474,600.00 ----· .

.
.

,889 .. 3 3 3 9 3 9 3 7,825,180.00 ,462,190.00 1 56.00 , 5 , 2 5,5 ,128 2 .. ------· 6,067,851.00 ·---- .

.

.. - - 14,441 12,190,324.00 - 6,442 4,227,096.00 5,666 4,450,329.00 - 99 --.·---- 3 3 ,112.00 4,485 7 -· 49.00 ,036.
11,322 9 9 9 1,465.00 2,7 48 26,240,726.00 10 42, 3 9 ,402,012.00 3 28,756.00 26, 15,218,828.00 5,642,077.00 9 9 .12 5,04 4,7 9 9 3 .00 ,14 2,54 16.00 242, 99 9 448,417.00 73 3 ,0 8 6 3 0,880.22 1,643 1,415,619.00 4,861 9 1,845 1,86 Income .. :t Chargeable 9 9 8.00 7.00 G s ·oss Tax Charged 14,228 515 77 --- .00 - - - N 701,137.86 I 13 677.57 2,763,031.04 1,3 2 .OJ, ;3 ---- 14,755.491.27 3 I 69,565.52 543,675.65 t-off allowed 2,997,566.00 588 331,415.00 113 12,190,324.00 14,441 9 3 4,227,096.00 6,442 .00 2 4.450, 5,666 22---- 9 3 9,112.00 7 3 4.485 49.0C 3,036, 11, 9 3 1.00 28,032,1 ,057 4 60,330,768.00 9 19,550,540.3 Relief Allowed (Sec.
25) 9 & 4 48 (Secs. )

Total Set-off & Relief Refunds Net Tax Collectible 5% Penalty .. 1--- Total Amount Collectible -·-- 9 0.86 6 3 3 1 68.4 14, 3 --·- 1,380.2 -- -- 2,856.70 3 9 6 1,006.

6 9 .66 688,14 3,755.86 9 33 9 .4 ,5 20 9 7 25,407.
324,220.451 3 --- 3,487.8 --·--- 9 34.55 7, 9 3 4.4 32,4 327,708.28 551,610.20 913,241.17 3 ---- 69.04 40, 3 9 ,610.21 5 --·-- 265,530.54 402,000.01 9 3 1--- 54.18 , 11 1--- · 2,578,905.52 18,0���1� ,- -·-- 3 9 9 21.6 6, 2,5 124,788.16 9 60,00 ---- 1,127, ----- 11,049.52 9 39 .62 ,00 1,1 151,576.36 39 5,015.28 4, 33 9 3 22.

1, 93 4,426.

7.61 I6.8 14,467,445.44 9 3 .63 8,81 3 5 ];8,900,280.
3 42.74 14,474, 9 7.30 18,862,460.72 G ..... , APPENDIX "D1t -c: \.. "\ "" GROSS INCOME, NET INCOME AND NET TAX OF EMPLOYEES (INCLUDING GOVERNMENT), TRADERS AND COMPANIES.
Classification I % Gross Income Assessed Total Income Total of Chargeable of Net Tax $ $ $ % % I of Total & Mining & Insurance Agriculture Forest Professional Building Banking, Distribution & Manufacturing Processin g Transport Others Government Finance Total 15.9 767.192 541,576 11,230,126 12.7 9,801,724 16.2 4,018,733 21.3 14,044,111 lt.,,742,020 17.8 4,389,696 23.3 1.3 1,090,898 1.2 215,882 I.I .9 801,586 .9 151,393 .8 3,861,865 4.4 3,267,318 5.4 925,190 4.9 12,869,447 14.6 10,220,542 16.9 4,013,068 21.3 6,006,339 6.8 5,072,267 8.4 1,932,683 10.2 1,660,326 1.9 1,204,373 2.0 441,489 2.3 22,905,139 12,645,905 21.
() 2,086,176 11.1 13,893,031 15.7 6,067,851 10.1 688,150 3.7 88,362,959 100.0 60,330,768 100.0 18,862,461 100.0 25,9 GROSS INCOME, CHARGEABLE INCOME AND NET TAX OF INDIVIDUALS AND COMPANIES COMPARED BY INDUSTRY APPENDIX "E" � II'> I Classification -- $ Employees Traders Companies $ $ $ Gross Income Assessed Chargeable Income Net Tax Charged Employees Traders Companies Employees Traders Companies -- $ $ $ $ $ & Mining Agriculture Forest Professional Building Banking, Finance 2,373,130 305,317 8,551,679 1,292,714 119,971 8,389,039 221,207 22,925 3,774,601 - - - 3,810,446 145,479 10,088,186 1,997,782 94,276 8,649,962 464,525 32,879 3,892,292 - - 1,086,398 4,500 - 213,857 762,692 4,500 682,020 119,566422,010 - 119,566 97,588 - - 2,525,507829,301 2,438,017 139,836 Distribution 2,467,875 1,963,147 8,438,4251,257,369 7,828,167 188,301 309,033 3,515,734 Manufacturing & Insurance 2,025 53,805 1,135,006 1,336,358 785,354 and Processing .. Transport Others Government Total 1,208,239 73,596 4,724.504607,861 26,731 4,437,675 102,942 6,423 1,823,3 16,381,122 13,893,031 421,828 303,63:?
934,866 201,732 129,298 873,343 27,087 21,398 393,004 - - 5,717,864 806,244 8,610,059 3,274,103 661,743 1,337,410 521,445 227,312 --- - 6,067,851 - I 8 - 688,150 42,574,049 9,595,433 36,193,477 21,286,679 5,642,077 33,402,012 1,121,960 3,267,056 I 14,467,445 I � \ ,.

I ,(, • I '"\ t )..

., .. • APPENDIX ''F" INDIVIDUALS (EMPWYEES AND TRADERS) CLASSIFICA TION BY INDUSTRY OR OCCUPATIONAL GROUP YEAR OF ASSESSMENT 1961 Class ssification No.
of payers Tax- Assessed Gross Income % of Total Income Total Chargeable % of $ Gross Tax % of Set-off and s Total Relief $ $ JC Net Ta % of Refunds Total -- Agriculture M Forest and ining Professional Building Banking, Finance Ins ranee and Distribution Manufacturi Processing : and Transport Others Government TOTAL $ - 213 .857 97 .588 1,009 1,336,358 2.6 829,301 3.1 143,185 3.0 4,431,022 8.5 2,392,375 8-9 510,767 10.7 3,855 139 836 17,186 497, 334 344 177 1,281,835 2.5 634,592 2.4 124,002 2.6 725,460 1.4 331,030 1.2 48,759 1.0 45.5 22,098,895 42.3 11,984,162 44.5 2,182,268 .. ' 4,816 15,609 65 109, [j 2.5 274 48, 485 1.1 972 - 462,224 864 1,858, 4,657 13,893,031 26.6 6,067,851 22 _.
5 ---- 701,138 14.6 14,368 50 688, 13,1441 52,169,482 100.0 26,928,756 100.0 4,795,049 l 100.0 551,609 4,395, 016 5.6 1,306 11.3 1,766 4.9 3,073 2.2 3.2 506 11.3 3,753 42.3 138,820 15.6 I 1,380 - I 100.0 151,576 . '

I APPENDIX "G" INDIVIDUALS : EMPLOYEF.S CLASSIFICATION BY INDUSTRY OR OCCUPATIONAL GROUP YEAR OF ASSESSMENT 1961.

Classification I Tax- payers As�essed Total Income Total Tax Amount % of Chargeable % of Gross I% of ISet-off Total Relief I & INet Tax I% of I Refunds Total No.
of Gross $ $ $ $ $ $ , .. Agriculture 569 2,373,130 5.6 1,292,714 6.1 238,883 6.9 18,981 221,208 6.8 1,306 Forest and Mining 880 3,810,446 9.0 1,997,782 9.4 Building 150 682,020 1.6 422,010 2.0 470,521 13.6 7,762 464,525 14.2 1,766 97,588 2.8 - 97,5883.0 Banking, Finance Insurance and 323 l ,336,358 3.1 829,301 3.9 143,185 4.1 3,855 139,8364.3 506 Distribution 667 2,467,875 5.8 1,257,369 5.9 196,517 5.7 9,982 188,3015.8 1,766 Manufacturing and Pro- cessing 335 1,208,239 2.8 607,861 2.9 Transport 125 421,828 1.0 201,732 .9 117,579 3.4 15,609 102,9423.1 I 972 27,222 .8 135 27,087 .8 Others 3,541 16,381,122 38.5 8,610,059 40.4 1,471,536 42.5 153,209 337,41940.9 19,092 Government 4,657 13,893,031 32.6 6,067,851 28.5 701,138 20.2 14,368 688,15021.1 1,380 - TOTAL ..
I 11,241 J 42,574,049 I 100.0 I 21,286,679 J 100.0 I 3.464,169 I 100.0 I 223,901 I 3,267,056 100.0 26,788 " ... .., l � � ' .

..,,_ • .

..

APPENDIX "H" INDIVIDUALS: TRADERS CLASSIFICATION BY INDUSTRY AND OCCUPATIONAL GROUP YEAR OF ASSF.SSMENT 1961 - Classification I tax- No.

of payers Assessed Gross % of Chargeable % of Amount Total Income Total Gross Tax Total and % of Tax Total I Refunds I % of Set-off INet ---- Relief Agriculture ..
I 67 Forest and Mining 15 Professional Distribution Manufacturing and Processing Transport Others $ I I $ 305,317 3.2 $ 22,925 1.7 - 32,879 2.5 - 32,879 2.9 137 1.086,398 11.3 762,692 13.5 222,134 16.7 11,350 213,857 19.0 342 1,963,147 20.4 1,135,00f 20.1 314,250 23.6 7,204 309,033 27.4 1,987 $ 22,925 2.0 - 145,479 1.5 94,276 1.7 119,971 2.1 3,073 $ $ I 9 !
52 73,596 .8 26,731 .5 303,632 3.2 129,298 2.3 1,275 5,717,864 59.6 2,374,103 59.8 --- ----- 6,423 .5 - 6,423 .6 21,537 1.6 139 21,398 1.9 710,732 53.4 309,015 521.445 46.2 I 119,728 Total ..

I 1,897 I 9,595,433 100.0 5,642,077 100.0 I t.330,880 I 100.0 I 327,708 I 1,121,960 I 100.0 I 124,768 \ �l APPENDIX "I" COMP AN1F.S - YEAR OF ASSESSMENT 1961 INCOME AND TAX - CLASSIFICATION BY INDUSTRY Classification I No.
of IGross Income I % of IChargeable I% of I I% of ISet-off & I I% of Companies Assessed Total Income Total Grnss Tax Total Relief Net Tax Total I Refunds Agriculture 31 $ 9 8,55 J ,67 Forest and Mining Professional Building 4 Banking, Finance .

50 Insurance and 22 10,088,186 27.

1 - 4,500 9 ,566 .

11 3 Distribution 79 3 3 8,425 23.

8,4 2,525,507 7.0 2,4 r 13.l $ 9 $ 3 3 9 25.1 3,775,068 25.6 467 ,0 .6 8,38 ,774,601 26.)

9 $ $ 3 2 9 8,649,962 25.


- 4,500 9 ,566 .4 11 3,892,483 26.4 3,665 3,8 - - 2,025 ,805 .4 ..,- 3 5 9 9 2,292 26.

1 -, - 2,025 3 ,805 .4 5 3 ,474 $ - 3 3 8,017 7.

5.6 9 3 .

7,828,167 23.4 3,522,675 2 693 821, 1 1 42,646 3 54 785, 5.4 I 6 ,307 6,941 1 3 3 ,515.734 24.

1 Manufacturing and Processing Transport Others Total 38 8 11 4,724,504 3 3 7,675 1 4,4 3 3 3 9 4 , 34,866 2.6 87 3 .

1,996,954 13.5 248,90 3 3 I ,823, 6 7 18 12.61 75.2 2.6 3 ,004 2.6 93 393,004 2.7 - r r 806,244 �---· 2? '
f.: :· i661,7432.0 297,784 (> 2.0 99 ,378 227,312 t.61 28, 06 9 9 3,4771 100.0 I 33 I ,402,012 I 100.0 I 9 14,755.4 1 I 100.0 402.000 I I 14.467.445 I 100.0 9 3 11 , 54 ..

I 244 I 36,1 I ,( � 29 APPENDIX "J" INDIVIDUALS: EMPLOYEES AND TRADERS.

INCOME AND TAX COMPARED BY INDUSTRY AND OCCUPATION Classification Taxpayers No.
of Income Assessed Tax Assessed Gross Average Gross $ $ $ Average --- $ Agriculture 636 2,678,447 4,211 261,808 412 Forest and Mining 895 3,955,925 4,420 503,400 562 Professional 137 1,086,398 7,930 222,134 1,621 Building 150 682,000 4,547 97,588 651 Banking, Insurance and Finance 323 1,336,358 4,137 143,185 443 Distribution 1,009 4,431,022 4,391 510,767 506 Manufacturing and Processing 344 1,281,835 3,726 124,022 177 725,460 4,099 48,759 360 275 Transport Others 4,816 22,098.895 4,589 2,182,268 453 Government 4,657 13,893,031 2,983 701,138 151 ----- o.
13,144 52,169,482 3,969+ 4,795,049 365* +General Average Income • *General Average Tax APPENDIX "K" AVERAGE GROSS INCOME AND NET TAX OF TAXABLE INDIVIDUALS COMPARISON BY INDUSTRY OR OCCUPATIONAL GROUP Classification Average Gross Income Average Net Tax Employees Traders Employees Traders Agriculture Forest and Mining Professional Building Banking, Insurance and Finance Distribution Manufacturing and Processing .. Transport Others Government $ $ $ $ 3,78S+ 5,058+ 290* 59S* +General Average Gross Tax *General Average Net Tax.
30 APPENDIX "L" COMP ANIF.S - YEAR OF ASSFSSMENT 1960 GROSS INCOME AND GROSS TAX: AVERAGE INCOME AND AVERAGE TAX COMPARED BY INDUSTRY Classification Companies No.
of Income Assessed Tax Assessed Gross Average Gross Average ---- $ $ $ $ Agriculture Forest and Mining Professional Building Banking, Finance Insurance and 31 8,551,679 22 10,088,186 275,861 3,775,068 121,776 458,554 3,892,483 176,931 4,500 4,500 2,025 2,025 I 4 119,566 29,892 53,805 13,451 50 2,525,507 50,510 821,693 16,434 Distribution 79 8,438,425 106,816 3,522,675 44,591 Manufacturing and Processing 38 4,724,504 Transport Others Total - -1 124,329 1,996,954 52,551 8 934,866 l lt'>.858 393,004 49,126 - 11 806,244 73,295 297,784 27,071 148,334+ I 14,755,491 36_193,477 244 60,473* +General *General Income Average Tax.
Average • • '� • • APPENDIX "M" RATFS AND TAX YEARS OF ASSESSMENT 1929-1939 2c.

Jc.

4c.

Sc.

7c.

9c.

12c.

lSc.

20c.

No.

of Year of Tax­ Assessment payers 4c.

6c.

YEARS OF ASSESSMENT 1940-1941 Sc.

I 10c.

1 Sc.

20c.

2Sc.

30c.

40c.
I I Total Tax on Individ­ (a) Surtax uals Life Assur­ ance (b) Other (c) Companies Companies Tax Total Gross $ c. 18,848.49 $ c. $ c. $ c. $ C. $ $ C. c. $ c. $ C. $ C. $ C. $ C. $ c. $ C, 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1,303 1,275 1,179 1,628 1,581 1,562 1,544 1,596 1,646 1,761 1,747 1,842 1,871 I I 13,889.66 11,526.66 13,866.46 10,214.23 11,485.20 8,309.52 10,282.44 7,074.11 10,89 l.07 7,398.09 11,608.95 8,539.71 10,703.35 8,041.81 10,743.38 7,797.02 10,829.55 8,112.72 l 1,256.60 8,588.16 11,363.00 8,898.26 26,090.00 20,137.35 27,352.50 22,501.94 16,847.26 14,252.61 10.917.41 7,948.34 9,291.09 9,291.42 9,621.00 9,052.92 10,544.13 9,611.91 18,086.08 15,718.40.
14,310.61 8,802.91 1 12,231.42 9,21 0.66 8.542.38 6,012.21 8.125.72 2,144.94 6,786.31 5,007.66 8.535.84 2,575.05 7.023.60 1,866.90 8,267.76 4,214.55 7,873.08 6,489.45 6,217.56 2,060.10 4 1 ,297.00 39,220.6() 41,033.07 40,091.95 39,127.29 42,710.00 44,838.52 1,408.02 1Q6,226.50 154,821.85 1,849.33 118,203.68 3,119.39 181,864.43 6,236.49 240,568.60 6,098.62 225.059.94 S,732.38 "" ,.. 41.663.43 =1 781!> 6c.
9c.

12c.

15c.

25c.

40c.

soc.

60c.
YEARS OF ASSESSMENT 1942-1943 1942 1943 1,945 2,390 83,888.73 100,323.39 51,883.65 67,969.35 36,962.19 50,255.28 46,925.70 62,964.60 39,938.75 56,964.60 53,882.80 86,539.20 34.039.oo I 20.086.20 I 91,080.Q() 84,055.80 YEARS OF ASSESSMENT 1944-1946 Total Income Tax Total Surtax (c) 1944 1945 1946 3,057 3,344 3,561 116,097.06 133,773.68 87,335.08 165,776.82 179,715.96 129,110.64 309,863.04 282,432.42 255,802.98 591,736.92 595,922.06 472,248.70 25,892.70 24,984.80 21,544.47 28,710.40 4 2 ,110.20 26,489.80 145.304.40 199.907.50 93,052.80 142,147.80 119,178.80 167,213.07 I 367,607.02 600,065.37 Total Tax on Indi­ viduals 791,644.42 738,069.86 639,461.77 7,411.19 7,293.03 , 2,079,532.77 1 2,454,520.98 2,243,274.76 1,635,916.36 Life Total Gross Assurance Companies I Other I Companies Tax 2,309,957.79 1,926,038.56 2,068,087 7,250.45 1 8,592.54 8,317.02 .90 3,108,852.66 2,672,700.96 2,715,706.69 � (a)The Surtax for the Year of Assessment 1931 was 30%, for the Year of Assessment 1932 and subs:quent passed on the 29th of September, persons before distributed 30% of the total tax assessed.
years it was 50%.

The Income Tax Temporary Sur.tax Ordinance of Deceased less than that date.

The total Surtax for I 931, was, ther:fore 1931, was not applicable to Estates (b)The rate of tax in respect of Life Assurance Companies for the Years of Assessment and 10% respectively, respectively, Assessment the Years of Assessment ment 1944 to 1946. tor the Years of Assessment 1940.

5% and 20% for the Year of Assessment 1932 to 1939; 5% and 15% for Lhe Year of 1941.
5% and 25% for 1942 and 1943; and 5% and 33½ % for the Years of Assess­ and other Companies 1929 to 1931; 5% and 12½% Wlll> 3 % (c)Surtax for the Years of Assessment 1944 to 1946 was levied on a net chargeable income in excess of $6,000.00 rates : at the following On every dollar On every dollar of the next $2,400 On every dollar of the tirst $2,400 of the remainder of the Chargeable Income 10% 20% 40% YEARS OF ASSESSMENT 1947 - 1958 .c 6" 0 � N Year of No.

of Tax- Assessment payers 6c.

12c.

24c.

40c.


50c.

60c.

$ c. 195,710.41 ?40 701, Q?
$ c. l ll,026.00 127,028.80 125,690.00 133.1431,0 $ c. 3,914 155.014.35 4,512 188,974.44 5,679 J 64,421.88 4.416 189.151.20 4,822 5,615 6,897 7,449 8,640 10,130 10,910 12,991 1 '2 1 o,13,185 552,975.12 1959 773,327.40 655,225.44 525,020.40 354,114.50 I Life Individuals Income Tax Assurance Total I Companies Other Total CoIDDanies Tax c. $ c. $ c. 884,014.44 7,171.49 8,912.18 $ 201,576.00 267,761.40 256,564.20 198,048.00 231,549.60 249,315.00 281,317.20 346,651.80 440,562.00 489,840.00 573,895.80 852,733.20 947,781.00 1,084,771.44 I ,031,710.96 L0,941.55 12,264.64 1,064,645.72 43,400.34 1,239,037.46 40,352.97 1,390,713.10 50,334,12 1,647,565.68 55,533.21 1,924,199.64 68,859.34 2,322,541.62 75,767.69 2,708,124.42 2,941,289.80 92,307.21 3,562,669.86 89,015.40 129,379.571 I 3,808,443.861 $ C. $ C. 4,377,465.80 4,099,708.17 4,433,243.46 5,017,165.97 6,145,613.34 7,903,236.50 9,756,910.69 11,300,378.
12,532,563.53 13,262,023.IJ 15,097,311.86 17,957,729.56 13,563,900.31 5,268,651.79 5,193,391.79 5,475,895.97 6,094,076.33 7,428,051.14 9,334,302.57 11,454,860.49 1 J 13,280,110.96 14,923,964.49 16,045,915.24 18,130,908.87 21,609,414.82 I 17,501,723.74 � \ .. • .

,.

.. .

< > I; • .

I� � • � I I APPENDlX "N" YEAR OF ASSESSMENT 1960 24c 40c 50c 60c ---· No.
of Tax- payers $ c. $ c. $ c. $ c. $ c. $ c. $ c. $ c. $ - 6c Classification 12c ---- 8,8011 1-J,200246,517.98 - 3,202 1,201-3,600 230,544.00 - - - 251,401.44 - - 222,336.00 12,024.00 48,096.00 96,192.00 160,320.00 96,590.00 - 292,800.00 896 3,601-6,000 64,512.00 258,048.00 386 6,0'01-8,400 27,792.00 111,168.00 167 8,401-10,800 244 10,801 and 166,025.60 - 350,481.24 - 234,240.00 - - - - - - - 598,957.98 over 17,568.00 70,272.00 140,544.00 710,473.44 - 838,065.24 - 560,585.60 - 13,703 Total Tax , L'ife Assurance - Companies 223 Other Compan:es - - - - 1,127,161.80 389,390.00 1,127,161.80 - - - - - - ------ Life Total Tax Assurance Other on Companies Companies Total Tax Individuals 15% 246,517.98- 581,025.24- 573,961.44- 5127,321.60- 413,222.00- 1,882,585.80-· 4,224,634.06- C. c. $ 246,517.98 581,025.24 45% - - - - - - 1,882,585.80 - 4,224,634.06 413,222.00 527,321.60 573,961.44 132,542.65 - 132,542.65 - 14,576,824.65 14,576,824.65 14,576,824.65 ------ 18,934,001.36 13,933 Total Tax 598,957.98 838,065.24 710,473.44 560,585.60 389,390.00 I, 127,161.80 4,224,634.06 132,542.65 6,983,877.00 1,960,306.00 1,401,464.00 778,780.00 1,878,603.00 23,985-,663.00 883,617.00 32,392,944.00 57,262,244.00 - Income Assessed at each Rate 9,982,633.00 I ' '' " �. '
., � °" "- !

- ._ 34 APPENDIX "O" INDIVIDUALS - 1960 No.

of Tax- Classification payers --·- 6c.

12c.

24c.

40c.

50c.

60c.

Total Tax ---- .
$ c. $ c. $ c. $ c. $ c. $ C. $ c. 8,808 1-1,200 246,517.98 3,202 1,201-3,600 230,544.00 350,481.24 896 386 3,601-6,000 154,512.00 258,048.00 251,401.44 1 6,001-8,400 27,792.00 111,168.00 222,336.00 166,025.60 167 8.401-10,800 12,024.00 48,096.00 96,192.00 160,320.00 96,590.00 246,517.98 581,025.24 573,961.44 527,321.60 413,222.00 244 10,801 and over 17,568.00 70,272.00 140,544.00 234,240.00 292,800.00 1,127,161.80 1,882,585.80 13,703 Total Tax 598,957.98 838,065.24 710,473.44 560,585.60 389.390.00 1,127,161.80 4,224,634.06 --- Income Assessed each rate at I 9,982,633.oo 6,983,877.00 2,960,306.00 1,401,464.00 l 778,780.00 1,878,603.00 23,985,663.00 APPENDIX "P" CIVIl, SERVANTS - 1960 No.
of Tax- Classification payers 6c.

12c.

24c.

40c.

50c.

60c.
Total Tax $ c. $ c. $ c. $ c. $ c. $ c. $ c. 3,378 1-1,20089,886.78 1,102 1,201-3,600 79,344.00 107,181.84 239 3,601- 6,000 17,208.00 68,832.00 56,494.56 90 6,001-8,400 6,480.00 25,920.00 51,840.00 29,739.21) 31 8,401-10,800 2,232.00 8,928.00 17,856.00 29,760,00 12,372.00 89,886.78 186,525.84 142,534.56 113,979.20 71,148.00 9 l 0,80•1 & over 648.00 2,592.00 5,184.00 8,640.00 10,800.00 6,693.60 34,557.60 4,849 Total Tax 195,798.78 213,453.84 131.374.56 6�,139.20 23,172.00 6,693.60 638,631.98 Income Assessed each rate at 3,263,313.00 1,778,782.00 547,394.00 170,348.00 46,344.00 11,156.00 5,817,337.00 � 35 APPENDIX "P" - (Con'd.)
OTHER EMPLOYEES - 1960 No.

of Tax- Classificatien payers 6c.

12c.

24c.

40c 50c.

60c.
Total Tax $ c. $ c. $ C. $ c. $ c. $ C. $ c. 4,520 1-1,200 129,582.72 1,508 1,201-3,600 108,576.00 175,516.80 488 3',601-6,000 35,136.00 140,544.00 155,289.12 214 6,001-8,400 15,408.00 61,632.00 123,264.00 105.67 J.60 99 8,401-10,800 7,128.00 28,512.00 57,024.00 95,040.00 61.871.50 129,582.72 284,092.80 330,969.12 305,975.60 249,575.50 150 10,801 and over 10,800.00 43.200.00 86,400.00 144,000.00 180,000.00 509,284.80 973,684.80 6,979 Total Tax 306,630.72 449,404.80 421,977.12 344,711.60 24'1,871.50 509,284.80 2,273,880.54 Income Assessed at c:ach rate 5,110,512.00 3,745,040.00 1,758,238.00 861,779.00 483,743.00 848,808.00 12,808,120.00 • No.
of Tux- Classification 6c.

payers --- TRADERS - 1960 --·- 12c.

24c.

40c.

50c.

60c.

Total Tax 910 1-1,200 $ c. 27,048.48 $ c. $ C. $ c. ---- - $ c. $ c. s C. 592 1,201-3,600 42,624.00 67,782.60 169 3,601-6,000 12,168.00 48,672.00 39,617.76 82 6,001-8,400 5,904.00 23,616.00 47,232.00 30,614.80 37 8,401-10,800 2,664.00 10,656.00 21,312.
00 35,520.00 23,346.5C 27,048.48 110,406.60 100,457.76 107,366.80 92,498.50 85 10,801 & over -- 6,120.00 24,480.00 48,960.00 81,600.00 102,000.00 611,183.40 874,343.40 1,875 Total Tax Income 96,528.48 175,206.60 157,121.76 147,734.80 124,346.50 611,183.40 1,312,121.54 • Assessed at each rate 1,608,808.00 I 1,460,055.00 654,674.00 369,331.00 I 248,693.00 1,018,639.00 5,360,206.00 --t APPENDIX "Q" SUMMARY - YEAR OF ASSESSMENT 1961 No.

of .

.

Tax- Class1ficat1on payers c. 6 0 12c.

24c.

4 c. 50c.

60c.


ITotal Tax I Life Individuals C, on C. I Assurance Companies Companies 45% Other I C, 15% $ $ c. Total Tax C, C. C, C, C. $ $ $ $ $ 7 7 0 0 6 00 , 25 ,5 6 1-1,2 - 14.5 3 6 7 33 0 77 60 51 1,201- 3, , 0 262,8 , 2.0 3 6 94 0 0 00 6 24.00 258, , 2 ,0 56.

3, 0 6 00 76 30 00 00 0 452 , 32,544. .

01-8,4 ,,1 00 9 9 00 0 00 0 .

14,9 5 04. , 2 8 8,4 1-10,8 304 7 0 0 0 0 8 1 & over 21,888.

J ,8 1,023 3,6 ,552.

6 1- 1 - 76 7 3.04 - 4 83.12 - - $ - 9 00 0 ,352.

26 9 0 0 19 I 1 ,808.


00 00 0 4.

175,1 0 6 .8 186,66 0 0 ,68 .0 40 291,8 00 .

00 .

.00 364,8 96 ,5 00 - 6 10 - 0 479 1,225, .6 - - - - - - - - $ 4 7 0 1 25 .56 - , 0 0 0 ,2 64 4 5.

763 6 , 62 7 609 , 964 , 663 66 , 2,1 0 38.8 0 .0 60 .

.12 - 00 5 - - 4 13, 1 6 6 4 , 1 Total Tax 65 7 Life Assurance Companies - I 7 23 1 Other Companies - 0 5 .56 949 0 9 4 813,747.12 ,58 .

0 7 0 1,225,4 8,186.80 471, 6.

6 79 .60 I 4, 79 39 49 5,0 .12 ,I - I - I - I - I -I - I 13 - - _ - - - - I - I 3 707 7 51 .
, - I -I - 9 7 83.

14,61 7 , 2 _ _ - - - $ CD 8.80 � c. 6 7 0 14.5 25 , 0 0 0 4 ,2 64 5.

7 6 , 62 63.12 73 9 6 , 0 964 00 , 5 63 6 I 2,16 ,6 - I 9 0 79 .12 4 5, 4.

I 3 7,7 1 I 00 .

.60 .35 07 6 14, 9 3 7 .

17, 8 2 I 13,388 Total Tax 6 0 65 ,65 0 9 4 813, ,589.

4 .56 74 9 0 7 6 7.12 6 8,18 .8 00 .

471, 396 6 7 79 0 4, 9.

1,225,4 707 7 0 1 , 49.12' 5, 13 4 6 .35 j 1 , 7 1 9 7 0 9 2 j 1 83. , ,55 ,540.39 Income I 3 00 I 7 390 0 3 9 76 9 0 at Assessed , ,242.

1 .
1 .

44,1 , , each rate 1 0 1 ,613.00 69 1, 0 67 5,4 .

0 I 9 7 00 92.

42, 00 12,042,466.

9 6 .oo ,928,75 0 18, 6 2 I 49.oo 4 32, 9 83, 30 ,3 63.oo I 60 76 , 8.oo �-' \. ""'

• � --., ; 4�) 37 APPENDIX "R" JNDIVlDUALS - 1961 12c.

24c.

40c.

SOc.

60c.

Total Tax No.

of Tax- payers Classification 6c 1-1,200 1,201-3,600 3,601-6,000 6,001-8,400 8,401-10,800 c. $ $ c .
$ c. $ 250,714.56 - 377,333.04 - 262,872.00 294,624.00 73,656.00 130,176.00 32,544.00 14,976.00 59,904.00 21,888.00 87,552.00 - 258,483.12 - 260,352.00 119,808.00 175,104.00 - - 7,506 3,651 1,023 452 208 304 10,801 and over c. $ c. $ c. - - - - - - - - $ c. 250,714.56 640.205.04 626,763.12 609,738.80 500,964.00 2,166,663.60 188,666.80 199,680.00 291,840.0 0 106,596.00 - 364.800.00 1,225,479.60 13,144 Total Tax 656,650.56 949,589.04 813,747.12 678,186.80 471,396.00 1,225,479.60 4,795,049.12 Income Assessed each rate at l0,944, 176.00 '7,913,242.00 3,390,613.00 1.695,467.00 942,792.00 2,042,466.00 26,928,756.00 APPENDIX "S" CIVIL SERVANTS - 1961 TAX STRUCTURE 12c.
24c.

40c.

SOc.

60c.

Total Tax !

No.
of Tax­ payers Classification 6c $ c. $ c. $ c. $ c. $ c. $ c. $ c. .. • t 3,146 1,121 247 100 28 15 1-1,200 1,201-3,600 3,601-6.000 6,001-8,400 8,401-10,800 89_459.46 80,712.00 17,784.00 7,200.00 2,016.00 1,080.00 10,801 & over 111,784.44 71,136.00 59,063.76 28,800.00 57,600.00 38.287.20 8.064.00 16,128.00 26,880.00 4,320.00 8,640.00 14,400.00 16,803.00 18,000.00 22,980.00 89,459.46 192,496.44 147,983.76 131,887.20 69,891.00 69,420.00 4,657 Total Tax 198.251.46 224,104.44 141,431.76 79,567.20 34,803.00 22,980.00 201,137.86 Income Assessed each rate at 3,304,191.00 1.867,537.00 589,299.00 198,918.00 69,606.00 38,300.00 6,067,851.00 APPENDIX "S" OTHER EMPLOYEES - 1961 TAX STRUCTURE 12c.
24c.

40c.

SOc.

60c.

Total Tax • No.

of Tax- Classificatio 6c.
payers n $ C. 3,483 1,942 578 271 128 188 1-1, 200 1,201-3,6 00 3,601-6, 000 6,001-8, 400 8,40)-10,8 00 10,801 & o ver 134,708.58 139,824.00 41,616.00 19,512.00 9,216.00 13,536.00 - c. $ c. - $ c. $ - 198,500.52 - 166,464.00 154,198.24 78,048.00 156,096.00 36,864.00 73,728.00 108,288.00 54,144.00 116,775.60 122,880.00 180,480.00 $ C. $ c. - - - - 64,836.50 - 225,600.00 667,815 - - - - GO 134,708.58 338,324.52 362,178.24 370,431.6 0 307.524.5 0 1,249.863.60 $ c. 6,590 Total Tax 358,412.58 534,020.52 492.210.24 420,135.60 290,436.50 667,815.60 2,763,031.04 Income Assessed each rate t a 5,973,543.00 4,450,171.00 2,050,876.00 1,050,339.00 580,873.00 1,113,026.00 15,218,828.00 38 APPENDIX.
"S" TRADERS - 1961 TAX STRUCTURE No.

of Tax­ payers aassifica­ tion 6c.

12c.

24<:.

40c.

SOc.

60c.
Total Tax $ C. $ c. $ c. $ c. $ c. $ c. $ c. 877 588 198 81 1 -1,200 1,201 - 3,600 3,601 - 6,000 8,401 -10,800 6,001 - 8,400 52 101 1,897 over 10,800 26,546.52 42,336.00 14.256.00 5,832.00 3,744.00 7,272.00 67,048.08 57,024.00 45,321.12 23,328.00 46,656.00 14,976.00 29,952.00 29.088.00 58,176.00 ---- 191,464.08 31.604.00 49,920.00 96,960.00 --� 2 178,484.00 180,105.1 ---- 99,986.52 Total Tax As- 26,546.52 109.384.08 116,601.12 107,420.00 123,548.50 847,380.00 24,956.50 121,200.00 534,684.00 146,156.50 534,684.00 1,330,880.22 Income sessed at each rate 1,666,442.00 1,595,534.00 750,438.00 446,210.00 292.313.00 891.140.00 5,642,077.00 INCIDENCE OF INCOME TAX - INDIVIDUAIS OTHER DIAN GOVERNMENT APPENDIX "T" YEAR OF ASSESSMENT 1961 "AGRICULTURE" Income Group Chargeable Income I % I '7o Cumulative Rate Tax Amount Group �mulative % % Amount Group $ $ c, 1 -1,200 469,539 33.2 33.2 6c.
28,172.34 10.8 1,201 - 3,600 475,995 33.7 66.9 12c.

57,119.40 21.8 3,601 - 6,000 215,735 15.3 82.2 24c.

51,776.40 19.8 6,001 - 8,400 103,081 7.3 89.5 40c.

41,232.40 8,401 - 10,800 54,936 3.9 93.4 50c.

27,468.00 10.5 over 10,800 93,399 6.6 100.0 60c.


56,039.40 21.4 261,807.94 100.0 1,412,685 100.0 ---- --- I 15,i 10.8 32.6 52.4 68.1 78.6 100.0 INCIDENCE OF INCOME TAX - INDIVIDUALS OTHER DIAN GOVERNMENT APPENDIX "U" - YEAR OF ASSESSMENT 1961 "FORESTS AND MINING INDUSTRIES'' Chargeable Income Tax ' Income Group Amount Group % Cumula-Rate % tive Amount Group % CU.mulative % $ $ c. I 1- 1,200 754,617 36.)

36.1 6c.

45,277.02 9.0 1,201 - 3,600 434,121 20.7 56.8 12c.


52,094.52 10.3 3,601 - 6,000 236,216 11.3 68.1 '.!4c.

56,691.84 11.3 6,001 - 8,400 183,596 76.9 40c.

73,438.40 14.6 8,401 - 10,800 142,056 6.8 83.i 71,028.00 14.1 over 10,800 341,452 16.3 100.0 60c.

204,871.20 40.7 503,400.98 100.0 2,092,058 100.0 soc.
8.8 l 9.0 19.3 30.6 45.2 59.3 100.0 39 APPENDIX "V" INCIDENCE OF INCOME TAX - INDIVIDUALS OTHER THAN GOVERNMENT .. YEAR OF ASSESSMENT 1961 "PROFESSIONAL" Chargeable Income Tax Income Group Amount % Group Cumula- •tive % Rate Amount CumuJa- Group % tive % $ $ c. 1 - 1,200 142,351 18.7 18.7 6c.

8,541.06 3.8 1,201 - 3,600 187,774 24.6 43.3 12c.

22,532.88 10.1 3.601 - 6,000 125,556 16.5 59.8 24c.

30,133.44 13.6 6,001 - 8,400 82,720 10.8 70.6 40c.

33,088.00 14.9 8,401 - 10,800 67,359 8.8 79.4 50c.


33,679.5C 15.2 over 10,800 156,932 20.6 100.0 60c.

94,159.20 42.4 3.8 13.9 27.S 42.7 57.6 100.0 762.692 100.0 222,134.08 100.0 APPENDIX "W" INCIDENCE OF INCOME TAX - INDIVIDUALS OTHER THAN GOVERNMENT YEAR OF ASSESSMENT 1961 "DISTRIBUTION" Chargeable Income Tax Income Group t Group Cumula- Rate Amount % tive % --- Amount % Group Cumula- tive % $ $ c. I -1,200 829,358 34.7 34.7 6c.

49,761.48 9.7 9.7 1,201 - 3,600 673,174 28.1 62.8 12c.
80,780.88 15.8 25.5 3,601 - 6,000 312,471 13.1 75.9 24c.

74,993.04 14.7 40.2 6,001 - 8,400 163,778 6.8 82.7 40c.

65,511.20 12.3 53.0 8,401 - 10,800 84,364 3.5 86.2 50c.

42,182.00 8.3 61.3 I 0,80 I and over 329,230 13.8 100.0 60c.

197,538.00 38.7 100.0 2,392,375 510,766.60 100.0 40 APPENDIX "X" YEAR OF ASS�MENT 1961 NOT TAXABLF.S EXAMINED IN PERIOD MAY, 1961 - APRIL, 1962 EMPLOYEES AND TRADERS CLASSIFIED BY INDUSTRY Classification No.
of Cases Gross Allowances Income Agriculture Forest and Mirung Professional Building Banking & Insurance $ c. $ 376 688,982 911,681 141 264,104 329,755 14 14 11 16,784 29,871 25,356 18,057 13,721 16,457 Distribution 300 465,935 650,934 Manufacturing and Processing Transport Others Government 75 80 132,312 157,794 152,365 230,266 1,854 2,656,194 3,819,510 1,095 1,979,169 2,375,543 TOltal 3,960 6,394,922 8,539,868 ' APPENDIX "Y" YEAR OF ASSESSMENT 1961 NOT TAXABLF.S EXAMINED IN PERIOD MAY, 1961 - APRIL, 1962 EMPLOYEF.S OTHER THAN GOVERNMENT CLASSIFIED BY INDUSTRY Clas.dfication No.
of Cas�s Gross Income Allowances Agriculture Forest and Mming Building Banking and Insurance Distribution Manufacturing and Processing Transport Others TOTAL $ $ 159 132 13 11 245,230 316,703 253,948 308,509 24,056 31,059 13,721 16,457 110 154,919 196,491 71 24 124,467 146,785 42,347 49,156 864 1,311,301 1,687,486 1,384 2,169.989 2,752.64� • ' ": C" 41 APPENDIX "Z" YEAR OF ASSES.SME.NT 1961 NOT TAXABLES EXAMINED IN PERIOD MAY.

1961 - APRil,, 1962.


TRADERS CLASSIFIED BY INDUSTRY OR OCCUPATION Classi6cation Agriculture Forest and Mining Professional Building Distribution No.

of Cases Gross Income ADowanccs 217 9 14 I $ 443,752 s 594,978 10,156 21.246 16,784 29,871 1,300 1,600 190 Jll,016 454,44:!

Manufacturing and Processing 4 7,845 11,009 Transport Others 56 110,018 181,110 990 1,344,893 2,132,024 TOTAL 1,481 2.245,764 3,426,280 t ..