EMPLOYERS NOTE
REDUCTION IN WAGES TAX The Commissioner of Taxes draws the attention of all employers to the notice appearing in last issue regarding the date from which the reduction in the rate of wages tax takes eeffct. The National Security Tax Abolition Emergency Regulations 1947 provide that National Security Tax shall not be payable with respect to salaries and wages derived in respect of any period after the 20th April, 1947. This also applies to any other income from which tax is deductable at the source in the same manner as for salaries and wages. The wages tax payable will, therefore, be reduced from the rate of one. penny in every tenpence (2/- in £) to one penny in every thirteen and one third pence (1/6 in £).
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https://paperspast.natlib.govt.nz/newspapers/BPB19470416.2.32
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Bay of Plenty Beacon, Volume 11, Issue 17, 16 April 1947, Page 5
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127EMPLOYERS NOTE Bay of Plenty Beacon, Volume 11, Issue 17, 16 April 1947, Page 5
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