UNEMPLOYMENT TAX

Dominion, Volume 28, Issue 107, 30 January 1935, Page 8

UNEMPLOYMENT TAX

Adjusting Excess Payments ISSUE OF CREDIT NOTES A departmental official yesterday explained the position regarding taxpayers who are entitled to a rebate on the'amounts of uuemploymeat tax paid in advance at the rate of one shilling in the £ before the tax was reduced by legislative enactment to tenpence. Many people had paid ahead for periods ranging from six months to a year, either through the Land and Income Tax Department or to the Postal Department. The process of adjustment is as follows: These departments are sending out to those who paid for a year or three-quarters of a year in advance, credit notes for the amount overpaid in relation to the reduced scale of unemployment taxation. If these credit notes are presented by recipients when making payment of the next instalment of their unemployment tax, the proper allowance will be made. In the cases of those who particularly wish to have a cash refund, they can obtain the money by making appl'icafioa to the department Jo which they declared their income and made payment in the first place. In applying for a cash refund applicants, it is pointed out, should give their full name, their address, and the number 'of their unemployment book, in order to facilitate the process of adjustment. Not all the credit notes have yet been sent out, owing to the work “being a pretty big job,” but it is intended to have them all issued before the end of March. As regards those who paid unemployment tax six months ahead, just before the reduced scale came into operation. they should make application at once, so that the Unemployment Board can examine their claims and arrange for an adjustment.