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| ANNEX III: Reduction In Personal Income Tax
Rates With Effect From Year Of Assessment 1997 |
 |
|
| Chargeable Income YA96 YA97 |
|
| 1-5,000 |
2.50 |
2.00 |
| 5,001-7,500
|
5.00 |
2.00 |
| 7,501-10,000
|
6.00 |
5.00 |
| 10,001-15,000
|
7.00 |
5.00 |
| 15,001-20,000
|
8.00 |
5.00 |
| 20,001-25,000
|
11.00 |
8.00 |
| 25,001-35,000
|
13.00 |
8.00 |
| 35,001-50,000
|
15.00 |
12.00 |
| 50,001-75,000
|
19.00 |
16,00 |
| 75,001-100,000
|
22.00 |
20,00 |
| 100,001-150,000
|
24.00 |
22.00 |
| 150,001-200,000
|
25.00 |
23.00 |
| 200,001-400,000
|
28.00 |
28.00 |
| >400,000
|
30.00 |
28.00 |
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