INCOME TAX

Ashburton Guardian, Volume 61, Issue 25, 9 November 1940, Page 2

INCOME TAX

METHODS OF PAYMENTS.

i COMMERCIAL MEN’S VIEWS. (Per Press Association). NEW PLYMOUTH, November 8. ' A resolution was carried by the annual conference ol the Chambers of Commerce of New Zealand expressing appreciation of tho action of the Government in calling together the National Economic Conference, and approval of the findings of the committee. It was recommended to tho executive and to the individual chambers of commerce that they should take action whereby they can implement the recommendations of the committee.

Remits passed by the conference were:— -

“That this conference appeals to the ’"Minister for Finance to appoint a suitable committee, to be authorised to discuss with a joint committee, representative of farming, manufacturing, and commercial interests, proposed legislation dealing with finance and taxation, before such legislation is brought before the House of Representatives. Tho Associated Chambers of Commerce, being representative, of a very large proportion of tho business community of the Dominion, and wishing to co-operate with . tho Government in these matters, considers that such a widely representative joint committee could give valuable assistance and advice to the Government committee, which, in turn, could make its recommendations to the Minister.” (Canterbury). “With a view to easing the burden of private citizens in the payment of income tax, and also to giving practical service to the State, this- conference recommends that wider publicity be given to the facilities for tho payment of income tax, particularly by instalments in advance, through the medium of income tax certificates, and/or advance payments made direct to the’ Land and Income Tax Department in Wellington. It is also recommended that wider facilities, perhaps in the form, of tax stamps, similarly purchasable in advance, bo introduced, thus enabling payers of N modest amounts to spread their commitments over the year.” (Dunedin.)

“That this conference reaffirms a resolution at the previous conference asking for the setting up of an intermediary body between the Commissioner of Taxes and tho taxpayer.” (Dunedin). “That in view of tho great amount of time and trouble involved in completing the many returns required by Government departments, the Government he asked, in consideration of restricted staffs and increased costs, and the need for the elimination of waste, to reduce its requirements to the minimum.” (Wellington.)