Thesaurus: supertax

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Definitions

1. n. an additional tax on certain kinds of income that has already been taxed
2. A tax in addition to the usual or normal tax; specif., in the United Kingdom, an income tax of sixpence for every pound in addition to the normal income tax of one shilling and twopence for every pound, imposed, by the Finance Act of 1909-1910 (c. 8, ss 66, 72), on the amount by which the income of any person exceeds £3,000 when his total income exceeds £5,000.
3. A tax in addition to the usual or normal tax; specif., in theUnited Kingdom, an income tax of sixpence for every pound in additionto the normal income tax of one shilling and twopence for everypound, imposed, by the Finance Act of 1909-1910 (c. 8, ss 66, 72), onthe amount by which the income of any person exceeds £3,000 when histotal income exceeds £5,000.
4. n an additional tax on certain kinds of income that has already been taxed