SUPER LAND TAX.
(By Telegraph—Press Aeaociation)
WELLINGTON, Jan. 18. 587 applications were received under the Hardship Clause of the Super Land Tax ’Legislation of last session. Of these. 247 came from Canterbury. The Commission began its sittings on Dec. 16fch. and has given no final decisions yet.
Objectors will be heard in person if they consider sufficient relief is not given. The Minister of Lands (Hon. G. Forties) says: “As considerable doubt is cast upon the Tax Department’s estimate regarding tho comparatively limited number of landowners likely to be affected by the change in tiio mortgage exemption from ten thousand pounds niaximunV it is interesting to compare those estimates with the actual figures now available. The number estimated as likely to be affected was 1800 and the actual number is 1890.
The, estimated additional revenue was twenty-five thousand pounds and tho actual is twenty-four thousand. The estimated number affected by tbe special land taV was 1450 and the actual figure is 1500, while the revenue estimated at £300,000, is actually £315,000.
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Hokitika Guardian, 18 January 1930, Page 6
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171SUPER LAND TAX. Hokitika Guardian, 18 January 1930, Page 6
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