EXEMPTION GRANTED
SOCIAL SECURITY CHARGE • DOMINION FORCES (Per Prpss Association.) WELLINGTON, this day. Further exemptions from the social security charge were announced in the regulations issued with the Gazette last night. They deal principally with incapacity allowances and sick pay, and with payments by members of His Majesty’s forces. As from April 1, 1940. exemption from the social security charge will be granted in, the following cases:— (1) Incapacity allowances received from the National Provident Fund. (2) Sick pay from a sick, accident or death benefit fund. (3) Income derived by trustees in trust from such sick, accident or death benefit funds. The .regulation dealing with members of His Majesty’s forces provides that any member of His Majestyjs forces on whose behalf the social security charge on the pay and allowances earned tjy. him as a member of those forces is paid by the Government, that member, while he is in receipt of such pay and allowances, is exempt from any instalments of fee, the last day for the payment of which falls due while he is serving and is being paid under those conditions. This regulation also provides that members of His Majesty’s forces will be exempt from paying the social security charge upon any sum—being income derived by them—contributed on their behalf by their employers or former employers to any superannuation fund during the period of service with His Majesty’s forces. This regulation is deemed to have come into force on April 1, 1939. For the purpose of the regulation, a superannuation fund means a superannuation fund as defined in section II of the Land and Income Tax Act 1923, and includes the National Provident Fund. A member of His Majesty’s forces means a person serving in His Majesty's naval, military or air force and includes any person who, being a national of New Zealand, is temporarily absent from New Zealand for the purpose of serving in the Royal Air Force under a short service commission.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/GISH19391208.2.7
Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20115, 8 December 1939, Page 2
Word Count
328EXEMPTION GRANTED Gisborne Herald, Volume LXVI, Issue 20115, 8 December 1939, Page 2
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