1964_INLAND_REVENUE_ORDINANCE — Page 168

1989 Ed.]

Inland Revenue

[CAP. 112

167

For the years of assessment 1966/67 to

1983/84 inclusive

For the years of assessment 1984-85 to

1986-87 inclusive

For the year of assessment 1987/88

For the year of assessment 1988/89

For the year of assessment 1989/90 and until

superseded

15%.

(Added 15 of 1966 s. 4. Amended 36 of 1984 s. 7)

17%.

(Added 36 of 1984 s. 7. Amended 28 of 1987 s.8)

16%.

(Added 28 of 1987 s. 8. Amended 28 of 1988 s. 7)

15%.

(Added 28 of 1988 s. 7. Amended 17 of 1989 s. 20)

15%.

(Added 17 of 1989 s. 20)

SCHEDULE 2

RATES

For the years of assessment 1947/48 to 1949/50 inclusive

[ss. 13 & 43(1)]

(Amended 49 of 1956 s. 68)

SECOND COLUMN

(a) Upon the first $5,000

THIRD COLUMN

4 standard rate

(b) Upon the next $5,000

1 standard rate

(c) -do-

1 standard rate

(d) -do-

The full standard rate

(e) -do-

1 standard rate

(f) -do-

1 standard rate

(g) -do-

1 standard rate

(h) Upon the remainder

Twice the standard rate

Note: Where a person is liable to the appropriate tax for a part only of any year of

assessment the amounts in the second column against items (a) to (g) will be reduced in the proportion which the number of days he is so liable bears to the number of days in that year of assessment.