SOCIAL SECURITY CHARGE.

Manawatu Standard, Volume LX, Issue 128, 30 April 1940, Page 2

SOCIAL SECURITY CHARGE.

In this issue appears an intimation from the Commissioner of Taxes that an instalment of the registration fee becomes payable on May 1 and that on tho same date there also falls due the first instalI merit of the social security charge on inI come other than salary or wages derived during tho year ended March 31, 1940. Payment may be tendered at any moneyorder office. All mule and female persons including natives, 16 years of age or over must either pay the registration fee or establish a right to exemption in respect of each instalment. All persons entitled to exemption, including persons in receipt of an age benefit from ttic Social Security Fund and who are not in receipt of any other incomes, are reminded that they may be held liable for payment of the instalment unless a claim for exemption is completed and presented together with the coupon-book at a money-order office within seven days after the last day for payment of that instalment. Failure to pay renders defaulters liable, oil summary conviction, to a. fine of £5. In addition, a penalty of sixpence per month, with a maximum penalty of 2s 6d for each instalment, automatically accrues if payment is not made within one month of the due date. All nunc and female persons (including Maoris) 16 years of age or over, are required during Mav to furnish in respect of tho year ended March 31.1940, declarations of income other than salary or wages (“nil” or otherwise), and to pay the social security charge at the rate of Is in the £] on such income. A penalty of 10 per cent, is payable on any amount of the charge not paid within one month of the due date. The income derived by a person in receipt of a war pension in respect of total disablement is exempt from the social security charge. Monetary „ benefits from the Social Security Fund are also exempt. Employers also have certain obligations under the Social Security Act, and are responsible for deduction of the wages charge at the time of payment of all salaries or wages paid to employees, including tho value of any benefits in kind. Further information relative to Part 1 may be obtained from the Commissioner of Taxes, Land and Income Tax Department, Wellington, C 3, and information relative to Part II from the Director, Registration Branch, Social Security Department, private bag, Wellington C.l, or in both cases from any money order office.