CO129-591-7 Estimates for 1946-1947 12-12-1945 - 14-3-1947 — Page 150

(a) Income Tax.

It should be the firm policy of

the Government to introduce a full income tax

system as soon as staff is available

Pending

that introduction, interim measures on the lines

of the combined system of war taxes, i.e.,

property tax, salaries tax, profits tax, and

loan and mortgage interest tax, should be

adopted without delay. You will no doubt

consider whether any variations in rates or

otherwise should be made from the rates and

allowances under those war taxes.

147

following the

smeral develomment which has taken pace in other Cabures in Colonies recent year.

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