Page 5 Advertisements Column 1

Bay of Plenty Beacon, Volume 9, Issue 67, 29 April 1946, Page 5

PUBLIC NOTICES TIMBER TREATMENTS LTD. Borer Eradication, Timber Preservation, Termite Extermination. Contractors to State Advances Corporation Railway Dept, and P. & T. Free inspections and a detailed report given to all home and property owners. ! Agents: Messrs. Boon Sullivan and Luke, Whakatane, Phone 19. SOCIAL SECURITY CHARGE AND NATIONAL SECURITY TAX Decrease of 6d in the £ on salaries and wages and other income: Under the Finance Act (No. 2) 1945, the combined Social Security Charge and National Security Tax has been decreased from Id in every 8d (2/6 in the £) to Id in every lOd (2/- in the £). The decreased charge first applies to income other than salaries or wages derived during the year ended 31st March, 1946, and, in the case of salaries, wages and other classes of income subject to deduction of the charge at the source, to amounts derived in respect of any period after 12th May, 1946. .. Charge on income other than salaries or wages: May instalment: Persons liable to pay the combined charge on income other than salary or wages derived during the year ended 31st March, 1946, are required to furnish a declaration of such income during the month of May. The first instalment of the charge thereon is due on Ist May and must be paid within one month to avoid the 10 per cent, penalty for late payment. Declaration forms, 5.5.C.55 containing particulars of persons liable for the charge, together with full instructions and information, are available at all money-order offices and at any office of the Land and Income Tax Department. Companies and other corporate bodies are required to pay the full year’s charge in one sum during February next. Wages-tax: All employers of labour are notified that severe penalties are provided for failure to deduct and account for wages-tax in respect of all wages paid to permanent or casual employees, whether on a time, piece-work or contract basis. The reduced rate Id in every lOd (2/- in the £) applies to salaries and wages derived in respect of any period after 12th May, 1946; the existing rate up to and including that date being Id in every 8d (2/6 in. the £). F. G. OBORN, Commissioner of Taxes. 304

PAYMENT OF INCOME TAX IN ADVANCE Income tax on income derived during the year ended 31st March, 1946, will be due for payment early in February, 1947. Taxpayers may pay tax in advance in one sum or by instalments of £1 or multiples thereof at any money-order post office or at any branch of the Land and Income Tax Department. Interest is allowable at li per cent per annum for each complete month from the date of payment to the following 6th February. A receipt showing the taxpayer’s full name and address should be obtained for each instalment. The total paid in advance, including interest thereon, will be shown as a credit by the Department on the demand for payment. F. G. OBORN, commissioner of Taxes. • 115