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Chapter 14: Appendix A: Tax Payable Under Alternative Systems: 1974-75 Rates
| Tax payable | |||
| Income stream | Without averaging | Present averaging | Proposed averaging |
| $ | $ | $ | $ |
| Example 1: Prior year incomes: 2,000, 2,500, 3,000, 3,500 | |||
| 4,000 | 420 | 292 | 420 |
| 4,500 | 550 | 410 | 525 |
| 5,000 | 680 | 525 | 680 |
| 5,500 | 840 | 671 | 840 |
| 6,000 | 1,000 | 816 | 1,000 |
| 8,000 | 1,820 | 1,288 | 1,759 |
| 10,000 | 2,780 | 1,940 | 2,699 |
| 8,090 | 5,942 | 7,923 | |
| Example 2: Prior year incomes: 12,000, 11,000, 10,000, 9,000 | |||
| 9,000 | 2,300 | 2,538 | 2,300 |
| 12,000 | 3,820 | 3,384 | 3,820 |
| 8,000 | 1,820 | 2,152 | 1,820 |
| 6,000 | 1,000 | 1,500 | 1,000 |
| 9,000 | 2,300 | 2,250 | 2,300 |
| 5,000 | 680 | 1,135 | 680 |
| 3,000 | 220 | 519 | 220 |
| 12,140 | 13,478 | 12,140 | |
| Example 3: Prior year incomes: 11,000 11,000, 10,000, 9,000 | |||
| 8,000 | 1,820 | 2,184 | 1,820 |
| 7,000 | 1,380 | 1,785 | 1,380 |
| 6,000 | 1,000 | 1,362 | 1,000 |
| 5,000 | 680 | 985 | 680 |
| 7,000 | 1,380 | 1,302 | 1,380 |
| 9,000 | 2,300 | 1,719 | 2,260 |
| 12,000 | 3,820 | 2,664 | 3,738 |
| 12,380 | 12,001 | 12,258 | |