The Feilding Star, Oroua & Kiwitea Counties Gazette Published Daily. FRIDAY, OCTOBER 9, 1896. LAND TAX AND INCOME TAX.

Feilding Star, Volume XVIII, Issue 87, 9 October 1896, Page 2

The Feilding Star, Oroua & Kiwitea Counties Gazette Published Daily. F RIDAY, OCTOBER 9, 1896. LAND TAX AND INCOME TAX.

I'll- fo 'owing particulars of " Thf ,iid anfl Income Tax Act, 1896,' vill he interesting. For the twelve months commencing on the. Ist day oi April 1896, there shall be charged as Land Tax, in respect of land and inort »ages, (a) for every pound sterling of the assessed value of land chargeable by law, a duty for the year by way of ordinary land tax, of one penny ; (b) for every pound sterling of the assessed value of land chargeable by law, a duty for the year (iv addition to the ordinary tax payable as aforesaid), by A'*y of further graduated Land Tax. it the rate of the graduated tax as set forth in Schedule B. of the Land and Income Tax .^bsessuient Act, 1891, as amended by the Land and Income Assessment Acts Amendment Act, 1893. Income Tax, (a) in respect ot income of companies, for every pound sterling of income chargeable by law received for the year ending on :j I.March, 1896, one shilling; (b) in re spect of persons (except those engaged in shipping) for every pound sterling chargeable by law received troin business, employment, or emolument, to the same date up to and including one thousand pounds, sixpence. Exceeding one thousand pounds on the amount in excess* of one thousand pounds, one shilling. The said respec fcive dutie- of Land Tax and Income Tax thall be levied according to the acts already quoted. The date of payment shall be fixed by the Governor in Council, and made at such times md places as may then be determined