436 MISC. PUBLICATION 218, U. 8. DEPT. OF AGRICULTURE 
TaBLE 125.—Statement of income and expenses for years 1925-26 to 1928-29 for 
sample property no. 23 
Item 1925-26 1926-27 1927-28 1928-29 
Income: Ce San Lt is© ia. £i sid: Ls 
Timiberec:. #284200 ae ea ea ed eee 2 643 19 6] 328 3 7] 396 710] 1,573 13 6 
ine WOOG. 2 ce ters 26 oni 2 ae a ee Rs 6267 0°} *606) 15-27 | 491-158 386 12 11 
Postsiamdoranls®cce 2 Se ee er es eae es ea 165 12 4] 18411 4] 261 8 2 243 10 0 
INUESCD ine ee a ee a Ree ES eS RR eee LISI Seo ese 20 GSP i5ae2 216 0 
IPeastickse. = 2 aos te ak ieee ie ee ees ee eee ee Opes Sy aie 0) 19 9 6 16 10 6 
UNTO eae OW ren Seep ee ee ZL IBY 4119 § SoG 30 17 0 
Wood and timber supplied to repairs department__| 498 9 5] 32913 7] 474 1 38 400 4 0 
Maborire pal Gases a es Re Ne an Tonal we 2 123° 10) 25) PAGS e422 2G 275 10 9 
TORSO. SO) Cy ee ne re aa ns PES EAA 29-0) 0 O00 OM056 00 0 
SPOLbINgsValUesh Les eee ee gee aa Cen Seeaeee 159 0 0} 159 0 O} 159 0 0 159 0 0 
Total eee 2 SAS ACNE DSO le tee Sane ee ee Ee 2,386 18 0 |2,047 14 8 |2,123 2 7] 3,088 14 8 
Expenses: | 
L EGr1) 00) gh pane on ite SLA Sy Ss eS A Ste aE OR Ree ate 1,716 18 10 |1,733 1 9 |1,894 5 9] 2,168 19 4 
Work done and supplies by other departments_-_-__- Sy OSs eee) | Bey eee 286 8 7 
Goods! purchased 262 Sea URC ee An ee PREV TER Bil) RB BS TL) Ie. I 125 9 11 
PETE TVOS oi 220 tae oa ae i ee eB alate Aeee ee ceed 46 14 0 46 14 0 46 14 0 46 14 0 
ROCA SS as ee NE ANS ee 2,181 16 9 |2,189 7 11 |2,407 15 9] 2,627 11 10 
SSeS SSS ESS 
SIN GE E11 CO TT Ce Sec ea er ee Aa el 2051S | 
—141 13 83 race See | 461 2 10 
1 Source of data: Statement by the agent of the property. 
The income tax was calculated in accordance with the following 
assessment: 
Schedule A: Lo Neeere: 
Gross assessment of annual value (average 6s. 8d. per acre)_.. 935 4 0O 
Deduct: 
& Sane 
One-eighth for statutory allowance for repairs. 117 0 0O 
Withes? Ske ETS SCN Soe een ee ener 46 14 0 
Tanditax cae ioe See ek Gi74000 
AB OG 2 ys ee LS Ee Se ae eee 169 18 90 
Net: assessment: 22 22. 5 eis ee ae a ee eee 465 76" 0 
Schedule B: 
One-third of gross assessment for schedule A_____________-_ 31621550 
Total 22 22 2 Soe ee oY eI she eae ne LOA 2220 
TAXES 
The above woodlands lie in 6 different parishes, and the gross annual 
value per acre ranges in the different parishes from 3s. 10d. to-9s. 
The land tax referred to under schedule A is a small and semi-obsolete 
national tax, which varies from 1d. to 1s. in the pound (0.4 to 5 per- 
cent) on the annual value of land and buildings. In most parishes it 
has been redeemed, and on this estate it is payable in only 2 of the 
6 parishes. 
Income tax has been paid on £1,077 at 4s. in the pound (20 per- 
cent). The tax is thus £215 8s. 0d. Surtax has no doubt been paid 
at the then existing maximum rate of 6s. in the pound (30 percent), 
which would amount to £323 2s. 0d., making a total of £538 10s. Od. 
For the year 1930-31 the amounts paid were increased to £242 Os. Od. 
and £403 4s. 0d., making a total of £645 4s. 0d. If allowance is made 
for the various deductions that are allowed on income tax and the 
increments of surtax, these amounts would be reduced by between 
one-twentieth and one-tenth. 
