INCOME TAX

is a tax levied by the | State upon a person’s income, whe the; derived from liouses, land, shares in m the railways, ., tradea, profe ions. da,| salaries. It was first levied in 1 the abolished in 1806, relmposed in 1842, alt,' continues to the present a: are amount has varied considerably, on. | lowest being 2d. in the £ in 1874, by highe-t 1/4 in 1885-6. Refer to “ Inc rds | Tax” in Indez. tes, INCREMENT, [s. 179]