Page 1 Advertisements Column 5

Hauraki Plains Gazette, Volume 52, Issue 3257, 30 April 1943, Page 1

Public Notwe SOCIAL SECURITY CONTRIBUTTON AND NATIONAL SECURITY TAX. Charge on Income other than Salary or Wages: May Instal: ment: Taxpayers are reminded that the first quarterly instalment of the combined charge on income other than salary or wages derived during the year ended 31st March, 1943, falls due on Ist May. Amounts unpaid within one month following the due date incur 10% penalty. The charge is payable by (a) All persons aged 16 years or over ordinarily resident in New Zealand (including natives but excluding persons receiving total disability war pensions) in respect of service in the 19141919 war. / ' (b) All trustees in respect of income derived by the estate or trust, whether or not the beneficiaries are entitled to receive such income during the income year. Declarations of such income must be furnished in May on Form 5.5.C.55, or in the case of Trustees, on Form 5.5.C.55A, and the first instalment of the charge computed at the rate of Id for every Bd, or part thereof (2/6 in £) paid in accordance with the instructions thereon. The declaration, together with the amount payable, should be presented at a Money-Order Post Office or forwarded to the Commissioner of Taxes, Wellington C. 3. Declaration Form 5.5.C.55 may be obtained at all Money-Order Offices. Trustees may obtain Form 5.5.C.55A upon application direct to this office. Persons who fail to furnish declarations as and when required are liable, on summary conviction, to a fine up to £5O. Important : Limited Liability Companies: The combined charge payable by a company or other corporate body on income derived during the year ended 31st March, 1943, is payable in one sum on a date to be fixed by Order In Council instead of. by quarterly instalments, as hitherto. The charge payable 'by a company in liquidation in respect of income derived up to the date of liquidation, however, remains payable in one sum upon the date of liquidation. A return of income made by any company is deemed to be a return of chargeable income for the purpose of the Social Security Act, 1938; a separate declaration of income is no longer necessary. An assessment, followed by a demand for the combined charge will be issued in due course, as in the case of in-come-tax. This procedure does not apply to x unincorporated bodies which are required to furnish a declaration in May on Form 5.5.C.55 and to. pay the charge on the same basis as individuals. Social Security Registration Fee: An instalment of this fee (5/-) becomes due on Ist May, 1943, by all persons aged 16 years or over ordinarily resident in New Zealand who are. not exempt. Exemption details and forms may be obtained at money-order offices. Every person entitled to exemption (including those receiving Age Benefits under the Social Security Act 1 but no other income) must complete the exemption application form and present it with his or her coupon-book at a money-order office within seven days after the last day for payment of the instalment, otherwise payment may be demanded. All persons who are in receipt of monetary benefits under the Social Security Act, 1938, other than sickness and unemployment benefits, and. all persons entitled to payments under the War Pensions Act, must produce their coupon-book when claimng the instalment payable in the month of June. Full name and postal address must be entered on the relative ' coupon before payment of any instalment. An employer employing for more than seven days a person unregistered or in arrear with the Registration Fee is liable on summary convicton to a one of £2O. —X M. Park, Commissioner of Taxes.