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Chronicle (Levin), 9 April 1946, Page 4

The Commissioner of Taxes draws attention to the advertisement appearing in this issue notifying that income tax on income derived . during the year ended March 31, 1946, will be due for payment early in February next, and that to assist taxpayers who experience difficulty in meeting their income-tax payments in February of each year, provision has been made for the acceptance of payments in advance. It is not necessary for taxpayers to await a notice of assessment of income-tax, and payments may be commenced immediately by calling at any money-order post. offiee,- or at any branch of the Land and Income Tax Department and tend.ering payment of any amount in multiples of £1. The receiving oflicer will require the taxpayers' full christian names, surname ahd full postal address as shown in the return of income. interest at.the rate of 1£ per cent. fpr each complete month from the date of payment to the sixth February next will be allowed on alL payments of income-tax made in advance and credit for such payments, including interest allowed uiftll be shown on the income-tax demand. The commissioner anticipates that a large 'number of taxpayers will taka advantage of the scheme which which should prove of considerable assistance to those taxpayers who have difficulty in finding the funds necessary to make payment of income-tax in one sum in February of each year.