SOCIAL SECURITY CHARGE
November Instalment: The second instalment of the charge of 1/6 in the £ on income other than salary or wages derived during the year ended 31st March, 1952, falls due on 1st November and must be paid within one month to avoid the 10% penalty for late payment. Companies and other corporate bodies are required to pay full year's charge within one month from 3rd February, 1953. Wages Tax: All employers are notified that severe penalties are provided for failure to deduct and ac~ count for wages-tax (1/6 in £) from all salaries, wages or other remunera • tion paid to permanent or casual employees, whether on a time, piecework or similar basis. Employers are reminded that pay sheets, wages books, and receipts for wages, salaries or other classes of income subject to deduction of the charge at the source must be retained for a period of not less than 5 years and made available for inspection by any person authorised by the Regulations to inspect books ot other documents. — F. G. ORORN, Commissioner of Taxes.
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https://paperspast.natlib.govt.nz/newspapers/TAUTIM19521029.2.13
Bibliographic details
Taupo Times, Volume I, Issue 42, 29 October 1952, Page 3
Word Count
176SOCIAL SECURITY CHARGE Taupo Times, Volume I, Issue 42, 29 October 1952, Page 3
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