WAR RISK BONUS
CANADA GRANTS TAXATION EXEMPTION. ~i .. ), OTTAWA, April 9. The war risk bonus paid to merchant seamen is to be exempt from taxation. Government, amendments to the Budget resolutions, notice of which has been given in the Canadian House of Commons, propose to exempt from taxable income (1) the amount of the war risk bonus and (2) the value of board and lodging received by men eligible for this bonus while they are at sea.
The war risk bonus of 44.50 dollars a month is paid to crews of vessels operating in waters which are defined as involving war risk. The amendments, it is expected, are likely to result in a large proportion of seamen being exempt from tax.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/WAITA19430426.2.44
Bibliographic details
Ngā taipitopito pukapuka
Wairarapa Times-Age, 26 April 1943, Page 4
Word count
Tapeke kupu
121WAR RISK BONUS Wairarapa Times-Age, 26 April 1943, Page 4
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Wairarapa Times-Age. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.