7---
Definition of
from employment.
Aggregation
of married Perman incomes.
(v) wound and disability pensions granted to members of His Majesty's Forces;
(vi) gratuities granted to members of His Majesty's Forces in respect of services rendered during war.
(vii) any income exempted by order of the Governor-in- Council under section 89;
(viii) the income of any individual who is not resident or is only temporarily resident in the Colony:
Provided in any case that-
(a) a person who stays in the Colony for a period or a number of periods amounting to more than one hundred and eighty days during a year of assessment shall be liable for that year of assessment, and
(6) a person whose stay in the Colony amounts in the aggregate to more than three hundred days during two consecutive years of assessment shall be liable for each such year of assessment,
10. (1) Income from any office or employment includes-
(i) any wages, salary, leave pay, fee, commission, bonus, gratuity, perquisite, or allowance for high cost of living, whether derived from the employer or others, except the value of any holiday warrant, passage, or free conveyance granted by an employer to an employee, or any allowance for the purchase of any such conveyance in so far as it is expended for such purpose;
(i) the rental value of any place of residence provided rent-free by the employer;
(iii) where a place of residence is provided by an employer at a rent less than the rental value, the excess of the rental value over such rent,
(3) The rental of any place of residence shall be the rental value payable by the employer or if the place of residence is owned by the employer the rateable value arrived at in accordance with section 6: Provided that for the purposes of subsections (1) (ii) and (iii), any excess of rental velué over-
(a) one-sixth of the income described in subsection (0) (0); or
(b) four thousand dollars, whichever is the lower amount,
shall be disregarded.
(3) For the purpose of this Chapter a pension or annuity includes any aumal payment not being-
(a) income as defined in subsection (1) of this section, (b) income chargeable to tax under Chapters II, IV or V, (c) a return of capital,
and shall include a potasion or aunuity which is voluntary or is capable of being discontinued.
11. The income as defined in section 10 of a married woman who is not living apart from her husband under the decree of a competent court or a duly executed deed of separation shall, for the purposes of this Chapter, be deemed to be the income of her husband and shall be chargeable accordingly: Provided that such part of the total amount of the tax charged to the husband as appears to the Commissioner to be charged in respect of the income of the wife may, if necessary, be collected from the wife, notwithstanding that no assessment has been made upon her, and the provisions of
this Ordinance as to collection and recovery of tax shall apply accordingly.
ment of LANCIA bl■ income.
12. (1) Save as provided in this section, the assessable Ascertai income chargeable to Salaries and Annuities Tax for any year of assessment shall be the income of the recipient as defined in Section 10 arising in the year preceding the year of assess ment: Provided that for the year of assessment 1947/48 a person assessable to Salaries and Annuities Tax, by giving notice in writing to the Commissioner on or before the thirty- first day of March, 1949, may require that his assessment be adjusted to the income as defined in Section 10 arising during that year of assessment,
(2) Where a person commences to receive income chargeable to Salaries and Annuities Tax on a day within a year of assecament, his assessable income for that year of assessment shall be his income arising in the period from such day to the end of the year of assessment.
(3) Where a person has commenced to receive income chargeable to Salaries and Annuities Tax on a day within the year preceding the year of assessment, his assessable income for that year of asscasment shall be his income arising in one year from such day.
(4) Where a person ceases to receive income chargeable to Salaries and Annuities Tax his assessable income for the year of assessment in which the cessation occurs shall be his iucome arising in the period beginning on the first day of April in that year
and ending on the date of cessation.
13. Before arriving at the net chargeable income of allowances, an individual assessable to tax under this Chapter, there shall
be deducted from his assessable income the following:-
(a) the allowances provided under Section 48; and (6) any outgoings and expenses wholly exclusively and necessarily incurred in the production of that income.
Rates of Salaries an Annuitiek
14. Salaries and Annuities Tax shall be charged for each year of assessment upon the net chargeable income for that year calculated as provided by sections 10 to 13 at the follow- Tax. ing rates
(2) Upon the first five thousand dollars at one-quarter of the standard rate.
(6) Upon the next five thousand dollars at one-half of the standard rate,
(c) Upon the next five thousand dollars at three-quarters of the standard rate.
(d) Upon the next five thousand dollars at the standard rate.
(e) Upon the next five thousand dollars at the standard rate plus one-quarter thereof,
(Upon the next five thousand dollars at the standard rate plus one-half thereof,
(g) Upon the next five thousand dollars at the standard rate plus three-quarters thereof.
(1) Upon the remainder at twice the standard rate.
Provided that where an individual is liable to tax under this Chapter for a part only of any year of assessment, the enos under (a), (b), (c), (d), (e), (f) and (g) of this section