THE PROPERTY TAX SCHEDULES.

Marlborough Daily Times, Volume II, Issue 153, 7 September 1880, Page 3

THE PROPERTY TAX SCHEDULES.

At a Cabinet meeting held on Thursday last the form of the new schedules to be issued under the Property Assessment Amendment Act was finally determined and as so much delay has occurred ill distributing them, it is probable that the time for sending in the returns will be extended to the middle of next month. ■ Thus will give ample time to do all that is now required, the form having been so simplified that few persons can experience any difficulty in filling in the schedules. The form is almost exactly the same as that given as a schedule to the Property Assessment Amendment Bill (No. l) r the only difference of any consequence being that the returns of freehold and leasehold property are to be kept separate. The main change made from the forms circulated under the former Act is, of course, the elimination of the inquisitorial element which was so objectionable a feature in these, and the substitution of a simple schedule requiring only to be stated the net taxable value of property liable to taxation. I lie following is the form of the new schedule, subject to some possible slight verbal alteration in “ proof” Property Assessment For the Year ending 31st March, ISSI. Proporty Assessment District: Name : Occupation : Address: In pursuance of the Property Assessment Act 1S7!) Amendment Act, 1880, you are hereby required to make a return of all your property in the following form, and cause the same to be forwarded to the Deputy Commissioner of your district at on or before the in default of which you will be liable to a penalty of £IOO, and to be assessed and charged treble duty. John Spkrrey, Commissioner. Property Tax Department, Wellington, September Ist, ISIO. Total value of all my interest in any £ lands or buildings after deducting all liabilities due by me thereon ... Total value of all my interest in any leases lield by me after deducting mortgaes thereon, if any Total value of all other property belonging to me, including money owing to me, mortgages, liens, and bills of sale, household furniture, jewellery, plate, worksof art, horses cattle, sheep, or other live stock, produce, merchandise, stock-in-trade, plant, machinery, cash, cash in bank, annuities, debentures and everything else I possess, except agricultural implements in actual use, life insurance policiess, vessels and shaves in public companies after deducting my just debts for which I claim exemption Deduct fixed exemption 000 Taxable value ... ...£ dkolaration : ] t , do hereby declare that the above statement is true and accurate in all the particulars stated by me, according to the best of my judgment and belief. Dated this day of , 18S0. (Signature:) If the liabilities on landed property exceed its value the balance may be deducted feom the value of the other taxable property.—Post.