The Income Tax Act 1842[1] (5 & 6 Vict. c. 35) was an Act of the Parliament of the United Kingdom, passed under the government of Robert Peel, which re-introduced an income tax in Britain, at the rate of 7 pence (2.9%, there then being 240 pence in the pound) in the pound on all annual incomes greater than £150. It was the first imposition of income tax in Britain outside of wartime. Although promoted as a temporary measure, income tax has been levied continually in Britain ever since. In its detail, the Act of 1842 was substantially similar to the Income Tax Act 1803 introduced by Henry Addington during the Napoleonic Wars.
An Act for granting to Her Majesty Duties on Profits arising from Property, Professions, Trades and Offices, until the Sixth Day of April, One thousand eight hundred and forty-five.
^The citation of this Act by this short title was authorised by the Short Titles Act 1896, section 1 and the first schedule. Due to the repeal of those provisions it is now authorised by section 19(2) of the Interpretation Act 1978.
External linksedit
John Paget, The Income Tax Act, 5 & 6 Vict. c. 35, with a practical and explanatory introduction and index, 1842, title page, act
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income, 1842, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, september, 20. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Income Tax Act 1842 news newspapers books scholar JSTOR September 2017 Learn how and when to remove this template message The Income Tax Act 1842 1 5 amp 6 Vict c 35 was an Act of the Parliament of the United Kingdom passed under the government of Robert Peel which re introduced an income tax in Britain at the rate of 7 pence 2 9 there then being 240 pence in the pound in the pound on all annual incomes greater than 150 It was the first imposition of income tax in Britain outside of wartime Although promoted as a temporary measure income tax has been levied continually in Britain ever since In its detail the Act of 1842 was substantially similar to the Income Tax Act 1803 introduced by Henry Addington during the Napoleonic Wars Income Tax Act 1842Act of ParliamentParliament of the United KingdomLong titleAn Act for granting to Her Majesty Duties on Profits arising from Property Professions Trades and Offices until the Sixth Day of April One thousand eight hundred and forty five Citation5 amp 6 Vict c 35See also editUK tax UK labour lawReferences edit The citation of this Act by this short title was authorised by the Short Titles Act 1896 section 1 and the first schedule Due to the repeal of those provisions it is now authorised by section 19 2 of the Interpretation Act 1978 External links editJohn Paget The Income Tax Act 5 amp 6 Vict c 35 with a practical and explanatory introduction and index 1842 title page act The Creators of the Modern Income Tax nbsp This legislation in the United Kingdom or its constituent jurisdictions article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Income Tax Act 1842 amp oldid 1172867111, wikipedia, wiki, book, books, library,
