WORKING OVERTIME

Wairarapa Times-Age, 17 January 1941, Page 3

WORKING OVERTIME

CONCESSION BY FEDERAL GOVERNMENT. IN PAYMENT OF TAXATION. (By Telcßfapli™Press Association—-Copyright) SYDNEY. January 16. The Federal Minister of Labour. Mr , Holt, has ordered an inquiry into the possibility of allowing workers in munition industries special disability allowances aS a deduction from Federal income lax. Such a move would meet many of the metal tade unions’ objections to paying taxation on overtime. Mr Holt announced that the concessions, if they operate, will apply to mon who live away from home or who are subjected to special living hardship.': that entitle them to sonic recoinpense from the Government. The Prime' l Minister. Mr Menzies, told a deputation of trade union loaders today th. l the Fotieral Government would not exempt the overtime earn-! ings of trade unionists from taxation. 1 He said that lie was being a*!;ed to sera]) the one criterion of capacity to pay anti to assess incomes for taxation on a new principle based on the time it had taken to earn them. This was impraetieable. Overtime was unavoidable in the . present eiieumslanees of war urgency., but ho hoped to see it reduced to a' minin.urn soon. He admitted that there was a good dea’t of tniejiigtl'le misttn-l derstanding on the income tax. but appealed to the unions to be patient.