Taxation Results
Under the land and income tax system, graziers, sheep.fartners, farmers, dairy, men, etc. — the owners of country lands — paid £89,341 in 1892-93, while in property tax in 1889 they paid £81,544. This class comprise the largest taxpayers. Next in order come trust estates, which yielded £40,555, as against £32,287 under the property tax. Loan companies paid £30,923, and land companies £32,207 in land and income tax, as against £88,147 and £12,049 under the old system. Absentees paid £25,301, mercantile companies £16,302 and professional men £12,520. Working storemen, mechanics, labourers, shepherds, miners, sailors, who paid £4053 under the property tax, paid only £543 under the land and income tax. Tradesmen, wholesale and retail shop, keepers, etc., paid about £3000 less under the existing system than under that which it replaced. The number of the property tax payers was 8611, while the number of land tax payers is 4760.— Times.
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https://paperspast.natlib.govt.nz/newspapers/FS18930817.2.26
Bibliographic details
Feilding Star, Volume XV, Issue 41, 17 August 1893, Page 2
Word Count
150Taxation Results Feilding Star, Volume XV, Issue 41, 17 August 1893, Page 2
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