INCOME TAX.

Taranaki Daily News, 22 January 1918, Page 5

INCOME TAX.

\ DATE OF PAYMENT , * By Telegraph.—Press Association, "jj Wellington, Last Night,The Minister, of Finance made a statM ,'jj menb to-night regarding the collection " of income-tax. "This year the tax is d,oa on January 25," said the Minister, "ajrfS I the commissioner lias advised mo tbsHn" 'A the ordinary course notices for pajsnenti "j! of the tax should 'be issued about M ary 22. The Department has adreaflyt -'lf begun the issue of some of tha notices, Ji and during the week notices to joint) stock companies will be got out, and, •£ also section o{ notices to individual*, ',%j The rest of the notices will bo late. Tbejft ■ " will be issued in sequence and a new due date fixed in accordance with tile pto» -J visions of section 127 of the Land Iwomo Tax Act. It is expected' tW'V notices will be cleared just before that end of February. Up till now the has been concentrated on the igime of Jj notices to companies, as they are the largest ratepayers, but it is the notices will be issued in timo to'"M able the 'Department to get revenue in before the end of March. Although tha vJ notices are late this year, they are not* so late as they were last year, when the 'w* notices were issued in July. Vhl are asking that the whole amount ftf tb«. ! | tax be paid in one sum thi# y«Kf, li ■.;{'*! order to get all the payments' complete;' hv March 91," , '