5. Higher Rates of Income Tax for 1943–44

Part of 3. Purchase Tax – in the House of Commons on 25th April 1944.

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Resolved: That income tax for the year 1943–44 shall be charged at rates exceeding the standard rate in the case of individuals whose total incomes exceed two thousand pounds, and those rates shall be rates in the pound which respectively exceed the standard rate for that year by the amounts specified in the second column of the Table in sub-secution (I) of section seven of the Finance (No. 2) Act, 1940.And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory affect under the provisions of the Provisional Collection of Taxes Act, 1913.