Child Exemption

Where a person's total income from all sources, though exceeding 160, does not exceed 500, and he has a child or children living and under the age of sixteen at the commencement of the year for which the income tax is charged, he is entitled in respect of every such child to relief equal to the amount of income tax upon 10. (Child includes step-child also.)

ESTATE DUTY is leviable upon the principal value of all property, real or personal, which passes on the death of a person, including any money or investment representing the proceeds of sale which passes, either immediately on the death or after any interval; it also includes gifts of property made by the deceased within a year of death. Immovable property situate out of the United Kingdom is not chargeable with estate duty. Movable property, situate out of the United Kingdom, is not chargeable if the deceased was domiciled out of the United Kingdom at the time of death. It is chargeable, however, if the death occurred in the United Kingdom.

Estate duty is not payable on the property of seamen, marines, or soldiers, who are slain or die in His Majesty's service, or on any pension or annuity payable by the Government of British India to the widow or child of any deceased officer of such Government.

Where the gross value of the property, real and personal, exceeds 100 but does not exceed 300, a fixed duty of 30/-should be paid; where it exceeds 300 but not 500, a fixed sum of 50/- is payable. Above that the scale is-

From 500 to

1000 a duty of 2 per cent.

1000 „




5000 „




10,000 „




20,000 „



6 „

40,000 „




70,000 „



8 „

and so on to



14 ,,

Legacy duty and Succession duty are also payable in most cases, and Settlement Estate duty (at the fixed rate of two per cent.) sometimes.

National Insurance Act

The aim of this Act is the "insurance against loss of health, and for the prevention and cure of sickness."

1. It provides (with certain exceptions) compulsory insurance for workers of either sex, whether British subjects or not, whose wages do not amount to more than 160 a year.

2. It provides compulsory insurance for workers engaged in manual labour, even though they earn more than 160 a year.

3. It provides voluntary insurance for other persons, but in no case must their income from all sources exceed ,160.

AGE. The workers to whom the Act applies are those between the ages of 16 and 70.