The Archive · 1924

INCOME TAX

To the Editor of the "Norra-Cutwa Datty News."

Sit—Are you, or is uny one of your readers, in a position to throw light on the' above subject us it affects those who go home from Shanghai to retire?

Take an imaginary cuse In 1924 the one who proposes to etiv2 is in receipt of £1000 "earned" income and {£200 "unearned": in 1925 he will be in recept of £900 "earned" income and £350 "unearned": in 1926 he will be in receipt of no "earner" income and #600 "unearned." On what basis will income tax for 1026 be reckoned supposing th man takes up his permanent residence in England as from December 1, 19257 Tam, ete,

Text read from the printed page and cleaned; old type leaves the occasional error.

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