THE PROPERTY TAX.
THE fAMENDMENT BILL. ' ‘ (From the Fod, Wellington.), :: v The Property Assessment ‘ Act Amendment Bill has just been circulated. As it is of very 'great importance and public interqpt, we give a full summary of its provisions. Section 1 proyi lea that this Bill shall be read and construed together with The Property Assessment Act, 1879, and the two Acts together will be cited as’The Property Assessment , , Acts, 1879-1880. Section 2 runs as follows :—To the classes of property exempt from iunder the said Act, as mentioned in section 26, there shall be added the following—“ All household furniture and effects in actual use, including: books, plate,, wearing apparel, jewellery of all kinds, and tall pictures and works of art ; ;: i but such exemption ■ shall not -extend to or ; include any such article when kept or. used as stock in trade and for purposes of said.” Section 3 is as follows-—“-The statement to be furnished,; under the -thirty-second section of the Property Assessment Act,1879 (hereinafter called * the said Act shall he in the form or, to the effect set forth in the schedule ; of this Act. - All provisions of the said Act which are incansistent with this section are. hereby repealed. ” The schedule gives the following as the new form under which the statements required by the Act are to be made : • • . Schedule, Property assessment for the year ending 31st March, IS . Property Assessment District S • ■' Name : •• . -■ Occupation! Address: - 1 ■ : In pursuance of the -Property ment Acts, 1879-1880, you are hereby.required
to make a return of all your property in the following form, and cause the same to be forwarded to the Deputy Commissioner of your district at on or before the , in default of which you will be liable to a penalty of Lioo, and to be assessed and charged treble duty. Property Tax Department, t x 8 , Commissioner. Total value of all my interest in any £ lands, buildings, or leases, after deducting all liabilities due by me thereon Total value of all other property belonging to me, but excluding household furniture, jeweller}', plate, works of art, and shares in public companies, after deducting my just debts, for which I claim exemption... Less exemption ... ••• s°° Taxable value £ Declaration, j , do hereby declare that the above statement is true and accurate in all the particulars stated, by me, according to the best of my judgment and belief. • Dated this day of , 18 ■ Signature :
Permanent link to this item
Ashburton Guardian, Ashburton Guardian, Volume 1, Issue 144, 26 August 1880
THE PROPERTY TAX. Ashburton Guardian, Volume 1, Issue 144, 26 August 1880
Using This Item
See our copyright guide for information on how you may use this title.