APPENDIX A
SCHEDULE OF PERSONAL TAX RATES
Year of Assessment 2008, 2009
CHARGEABLE INCOME
THIS YEAR YA 2007
NEXT YEAR YA 2008
Rate
Tax
$
%
On the first
20,000
0.00
On the next
10,000
3.50
350.00
30,000
5.50
550.00
40,000
900.00
8.50
3,400.00
80,000
4,300.00
14.00
11,200.00
160,000
15,500.00
17.00
27,200.00
320,000
42,700.00
On income above
20.00