CO129-558-3 Levy on Salaries- petition from Chinese Civil Servants 3-1-1936 - 19-12-1936 — Page 263

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

(اولاد)

6.a

ما

hotag

Curia

:

TEMPORARY LEVY ON SALARIES OF OFFICERS IN

THE HONG KONG GOVERNMENT SERVICE.

B

262

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 3340

On the next £360

On the next £400

-

21%

5%

71%

On the next £400

10%

On the remaining portion of nolary above £1,400

181%

The levy is applied to net salaries after deductions

have been wide for contributions to the Hong Kong

Widows' and Orphans' Pension scheme.

Sterling salaries will for purposes of

payment in the Colony be converted, after deducting

levy, at ls.6d. to the dollar during the first quarter of

1936 and at 1s.540. during the second quarter.

At

the end of that period, the rates of levy and method

of conversion will be subject to review.

COLONIAL OFFICE,

March, 1936.

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.