1983 Ed.]

Estate Duty

(CAP. 111

61

Where the principal value of the estate

$

Exceeds 2,000,000 and does not exceed 2,500,000

Estate duty shall be payable

at the rate

per cent of

24

2,500,000

*

*1

**

12

24

**

3,000,000

*

3,000,000 3,500,000

25

26

3,500,000

4,000,000

27

**

4,000,000

*

4,500,000

29

4,500,000

5,000,000

31

*

5,000,000

7,000,000

10,000,000

**

7,000,000

34

10,000,000

15,000,000

20,000,000

**

15,000,000

40

20,000,000

43

25,000,000

**

25,000,000

46

30,000,000

**

30,000,000

49

52

(Added. 7 of 1941, s. 3)

FIFTH SCHEDULE

(Persons dying on or after 1 April 1948 and before 1 February 1959)

Where the principal value of the estate

(ss. 3, 5, 14, 16, 17, 23, 24 & 27)

Estate duty shall be payable

at the rate per cent of

$

$

Exceeds

5,000 and does not exceed

10,000

3

10,000

25,000

4

25,000

50,000

5

50,000

100,000

6

100,000

200,000

7

200,000

300,000

8

300,000

350,000

9

350,000

400,000

10

400,000

450,000

11

450,000

500,000

12

500,000

550,000

13

550,000

600,000

14

600,000

650,000

15

650,000

700,000

16

700,000

750,000

17

750,000

800,000

18

800,000

900,000

19

900,000

1,000,000

20

1,000,000

1,250,000

21

1,250,000

1,500,000

22

1,500,000

1,750,000

23

1,750,000

2,000,000

24

2,000,000

2,500,000

25

2,500,000

3,000,000

26

3,000,000

3,500,000

27

3,500,000

4,000,000

29

4,000,000

4,500,000

31

4,500,000

5,000,000

34

5,000,000

7,000,000

37

7,000,000

10,000,000

40

10,000,000

15,000,000

43

15,000,000

20,000,000

46

20,000,000

25,000,000

49

25,000,000

30,000,000

52

(Added, 17 of 1948, s. 3. Amended, 1 of 1959, s. 11)

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