Page 1 Advertisements Column 1

Manawatu Herald, Volume XLIV, Issue 2460, 29 July 1922, Page 1 (Supplement)

FARMERS ! FARMERS! fif THE INCOME-TAX RETURN BOOK-KEEPING PROBLEM AT LAST SOLVED ! AN ASTOUNDINGLY SIMPLE INVENTION. if A Remarkable and Simple System of Book-keeptag for Farmers and Pastoralists — . . AT LAST DISCOVERED S ! FARMERS can now make out their Income-Tax Returns and show their Yearly Net Profit and Losses in less than Thirty Minutes at the end of the year, by using the wonderful PASON SYSTEM OF ACCOUNTS. THE PASON SYSTEM IS ENDORSED BY THE HIGHEST AUTHORITIES. The Pason System is endorsed by the Highest Authorities: — The Commissioner of Taxes, Wellington, writes: — “ If the particulars provided for are carefully entered up there should be no difficulty in compiling from them a return of Income satisfactory to the Department. THE COMMISSIONER OF TAXES, Wellington.” The “ New Zealand Herald” says:— “The Pason Income Tax Adjuster and SelfBalancing Loose Leaf Ledger is a valuable invention and ‘The Income Tax Return Problem is Solved for Farmers.’ ” The “Auckland Weekly News” says:— “The necessity for farmers to keep a complete and accurate set of books has never been so essential as at the present time, and to be able to see at a glance where the sources of profit lie is imperative if a man wishes to succeed. The Pason Income Tax Adjuster aind Self-Balancing Ledger is as necessary as the milking machine or any other part of the present-day farm equipment.” No previous experience or expert knowledge of Book-keeping or Land and Income Tax Act now required to keep Books and show yearly nett Profit and Losses, and ACCURATELY FILL IN the INCOME TAX RETURNS AS REQUIRED BY COMMISSIONER OF TAXES, WELLINGTON. It is ABSOLUTELY IMPOSSIBLE TO MAKE A MISTAKE and it enables Farmers to claim every possible Deduction, Allowance and Exemption allowed by the Commissioner of Taxes, Wellington, and save you money each year in OVERPAYING OF TAXES. GREAT LOSS THROUGH NOT KEEPING PROPER BOOKS OF ACCOUNT. -(0FEILDING FARMERS’ BY MR. N. UNION ADDRESSED 1 GORTON. □.{(.•printed from the “Feildiiig Star,” Saturday, duly Stli, 1922.1 The Remarkably Simple “Pason Automatic Income Adjuster and Loose Leaf Self-Balancing Ledger ” is a “ Standardised System of Accounts. 11 An ACCOUNT is already ‘‘OPENED UP” ready for use, Indexed and Sectionised for everything that a Farmer “ Buys ” or “ Sells ” and any “ Expenditure ” he incurs. Everything but the Actual Figures is tabulated in the PASON LEDGER with directions on each page. The Simple and Wonderful PASON SYSTEM of Accounts is contained in ONE Loose Leaf Ledger and lasts Eight Years. NO OTHER LEDGERS ARE REQUIRED. The cost of using the Pason System of Accounts is Extremely LOW. Farmers and Pastoralists can keep their books, showing Yearly Profit and Losses and accurately fill in their Income-Tax Returns for a cost of only IBs per year, or £5 5s for eight years. The Simplicity of PASON SYSTEM OF ACCOUNTS enables Farmers to see at a glance at any time, where their sources of Profit lie, and where those numerous avenues of Losses are. v. If farmers had kept proper sets of books of accounts they would not have been suffering so much from the present slump. Mr. A. Campbell made this statement at a farmers’ meeting in the Technical School last night, when Mr. N. Gorton gave an address cn farmers’ book-keeping. Mr. Gorton repeated the statement in his opening remarks. If farmers had kept books they would not have paid the exorbitant prices for land they had been paying lately. Bankers, grocers, auctioneers could not run their businesses without keeping sets of books, then hew could farmers conduct their business witheut bcoks. The Income Tax Commissioner knew that farmers generally did net keep proper bocks, and therefore could not make cut proper income-tax returns, and he- had sent officers throughout the Dominion with authority to inspect farmers’ bank bcoks, stock agents’ accounts, etc. Several of these officers in Taranaki had recently collected £30,000 in taxes and fines from farmers who had not sent in proper returns. One such officer called cn a farmer in the Feiiding district to pay £9OO income-tax. In another case an accountant found that a local farming estate had paid over £3OO too much in tax. There might be many farmers in a similar position. This showed the absolute necessity of keeping proper sets of books. Mr. Gorton emphasised the fact that farmers could easily find the time to keep their books. Important Notice : FARMERS' FREE ADVICE BUREAU. Farmers who adopt and use the Pason Income Tax Compiler and Loose Leaf Self-Balancing Ledger System can obtain advice and assistance on all Income Matters Free of Charge for twelve months from date. FARMERS ! It is to your interests to enquire or write for further particulars, without delay, to THE NEW ZEALAND FARMERS’ CO-OP. DISTRIBUTING COMPANY, Limited, FEILDING, or Branches at Wanganui, Marton Masterton (Sole Distributors for Wellington Province)