EMPLOYMENT TAXATION

Opotiki News, Volume II, Issue 140, 1 February 1939, Page 4

EMPLOYMENT TAXATION

In this issue appears an intimation from the Commissioner of Taxes that an instalment- of the Registration Levy becomes due on the Ist. February and that on the same date there also, falls due the fourth instalment of the Employment Charge of income other than salary or wages derived during the year ended 31st. 3Larch. 1938. Payment may he tendered at any Money Order Office.

The Registrateion is payable by all male persons of twenty years of age o-r over, other than those entitled to exemption. Failure to pay renders defaulters liable, on summary conviction, to a fine of £5. In addition, a. penalty of sixpence per month automatically accrues if payment is not made within one month of the due date. Any employer who employs for more than seven days a person who is more than one month in arrear with an instalment of the Registration. Levy, is liable, on summary conviction to a fine oi £2O. Employers may deduct the amount of any overdue levies from the wages payable to- employees. lhe Employment Charge on income other than salary or wages is payable at the rate of Sd in the £ by all persons who have attained the age of years other than those entitled to statutory exemption. An exemption of £SO is allowed to women taxpayers in respect of income other than salary or wages. A penalty cf 10 per cent, accrues on the amount of any instalment not paid within one month of the due date. Further inlurination may be obtained at any Money Order Office or from the Commissioner of Taxes, Land and Income Tax Department, Wellington C. 3.