RELIEF TAXATION

Hokitika Guardian, 29 September 1932, Page 3

RELIEF TAXATION

OF UNEMPLOYMENT BOARD. INSPECTIONS TO BE MADE. An advertisement appears in another column of this issue drawing the at-tention--of, taxpayers to . their obligagations under the Unemployment Act and its amendments. The task which con Touts the Unemployment Board in .verifying the payment of tax by all persons who are liable; is one; of considerable magnitude; but a number of inspectors have been appointed and those who have defaulted- in any particular would be well advised !i to. discharge their obligations , withouif'delay, as it is intended-that <p r 6 c e ec h' n gs shall be instituted: in, cases where- the payhient of tax has been evaded.

Unemployment relief taxation takes three forms, namely, the General Unemployment Levy; the - Emergency Charge on income other than salary or wages, and the Emergency UnemployI input Charge, on income other than salor.y or wages. In addition the liability of the actual taxpayer, employers, as such, have additional responsibilities laid upon them, inasmuch as they are liable to a penalty for employing persons who, being-required to So so, have failed , to l under ■ the j. Act; :\or to pay. all due instalments of the levy': employers are also required to deduct the amount of the tax from all wages paid" by them and to account for the sum thus deducted, either by means of unemployment relief stamps, or (by special arrangement) to pay it in cash, at a Money-Order Office. In tills corf’nectibn it should be noted that not only .are actual, money Wages taxable,, but ’ also the additional emoluments such as board arid lodging, free mpals, rentfree accommodation, or allowances in lieu thereof. As a good deal of misconception appears to exist, it is necessary to point cut that although all those .who .are liiible lor income, tax will also be liable for unemployment tax in one form cr another, many persons who are not called upon to pay income tax will require to pay the unemployment tax, for the reason that exemptions for the purpose of ordinary income tax do not apply in the case of the uneiriployment taxi The making of a declaration for the. purposes of the Land Tax Act does not fulfil' the require-: merits' of a, declaration under the Unbmployment Act; and''many; exemptions allowed under the former Act are not allowable under' theHTiiemployinent Act.' . !’ T 1 ' : Further information' iriay' be obtained at any Money-Order Office, where the Emergency Unemployment Charge on incoriie other than salary’ or wages fs slso payable, or. if preferred it may be remitted direct to tlhe Crimmisairiridii’ 1 of Taxes, Wellington. Any person who ; is in''doubt as 1 tb whether or not-he or she 'is liable for this tax should inquire from either of these sources as to the position. ,