Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

INCOME TAX BILL.

IN NEW SOUTH WALES ASSEMBLY. (By' Telearaph.—Pross Association.) (Rec. March 26, 9.35 p.m.). , , , * Sydney, March 26; The. Government's' Income Tax Bill, forecasted at the opening of the State Parliament, has been introduced in tho Assembly, and read a first time. . /The Bill reduces tho limit of exemption to £250, and increases the rates to Is, in tho'£ on the incomes of all companies; where the taxable income of a person does not exceed £700, Bd.; an additional third of Bd-. is levied on income derived from the purchaso of property. Tho rates are .graduated to Is. 2d., with an additional third for incomes over £9700.

Mr. Hoylo stated that it was intended to place the Income Tax Commissioner beyond tho control of the Public Service- Board, and vemovablo only by the Government. Itinerant professionals, including singers and boxers, will be required to pay a tax on salaries earned hero. The reason of the increased taxation was the increasedexpenso of Government. : '

Tho Opposition strongly attacked tho Government's extravagance.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19140327.2.38

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 7, Issue 2018, 27 March 1914, Page 7

Word count
Tapeke kupu
170

INCOME TAX BILL. Dominion, Volume 7, Issue 2018, 27 March 1914, Page 7

INCOME TAX BILL. Dominion, Volume 7, Issue 2018, 27 March 1914, Page 7

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert