.

-21-

$

$

Total Income

80,000

120,000

Personal Allowance

10,000

Wife

#1

10,000

Child

事争

5,500

25,500

25,500

54,500

94,500

Tax on 50,000

7,500

7,500

4,500 at 30%

1,350 44,500 at 30%

13,350

8,850

20,850

Reduced to 15% on Total Income

i.e. $18,000.

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