SOCIAL SECURITY

Wairarapa Times-Age, 29 January 1942, Page 3

SOCIAL SECURITY

—■ ■ ♦ PAYMENT OF CONTRIBUTIONS. In this issue appears an intimation from the Commissioner of Taxes that an instalment of the combined Social Security and National Security tax on income other than salaries or wages derived during the year ended March 31, 1941, falls due on February 1. A penalty of 10 per cent is payable on any amount not paid within one month following the due date. Income derived by a person in receipt of a war pension in respect of his total disablement is exempt from the charge. Monetary benefits from the Social Security Fund are also exempt. On February 1 an instalment of the registration fee (ss) also becomes payable by all male persons, including natives, twenty years of age or over and all such persons must pay the fee or establish the right to exemption. Persons entitled to exemption may be held liable for payment of the instalment unless a claim for exemption is presented with the coupon-book at a money-order office within seven days

after the.last day for payment of:that instalment. 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 following the due date.