EMPLOYMENT TAXATION

Hawke's Bay Herald-Tribune, Issue 88, 30 April 1937, Page 12

EMPLOYMENT TAXATION

Elsewhere in this issue appears an intimation by the Commissioner of Taxes that on May 1 the usual quarterly instalment of the registratdon levy will become due, and that on the sarne date will also fall the first instalment of the employment charge of 8d in the £ on incOme other than salary or wages derived during the year ended March 31, 1937. All male persons, Including natives, of 20 years of age or over are required dn May each year to furnish declarations of income Other than salary or wages. If no sucn income is derived a " nil " declaration is required. A woman of 20 years or over whose income other than salary or Wages exceeds £50 must also furnish a declaration in respect of her income. This appliea also to nativo women. Full informatien and declaration forms are obtainable at all money-order ofiices, and paymeat of the employment charge shGuld be made at a local post office or to the Commissioner, Employment Tax Division, Land and liteome Tax Department, Wellington C.l. It is pointed out that persons who fail to furnish declarations as and .When required render themselves liable, on eummary eonviction, ' to a fine of £50. A penalty equal to 10 per cent. of the amount of tax due will be added to any instalment not paid within one rnonth of the due date.