Note on anlated
TEMPORARY LEVY ON SALARIES OF OFFICERS IN THE
HONG KONG GOVERNMENT SERVICE.
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Owing to the present need to retrench public
expenditure in the Colony it has been necessary to impose
a temporary levy on the salaries of officers in the Hong
Kong Government Service with effect from the 1st January,
1936.
Salaries expressed in sterling which do not
exceed $240 a year are free of levy.
The graduated rates of levy in other cases on
salaries expressed in sterling are as follows:-
On the first 5240
21.
On the next 2360
570.
On the next £400
71%.
On the next £400
10%.
On the remaining
portion of
salary above £1400
124.
The levy is applied to net salaries after deductions have
been made for contributions to the Hong Kong Widows' and
Orphans' Pension Scheme.
During the first quarter of 1936, sterling
salaries will, for purposes of payment in the Colony, be
s.d.
converted at 1/6 to the dollar, after deducting the levy.
At the end of that period, the rates of levy and method of
conversion will be subject to review.
COLONIAL OFFICE,
FEBRUARY, 1936.