SOCIAL SECURITY CONTRIBUTION

Akaroa Mail and Banks Peninsula Advertiser, Volume LXIV, Issue 6581, 31 October 1939, Page 3

SOCIAL SECURITY CONTRIBUTION

In this issue appears an intimation from the Commissioner of Taxes that an instalment of the Registration Fee becomes due on November 1 and that on the same date there also falls due the third instalment of the Social Security charge on income other than salary or wages derived during the year ended March 31, 1939. Payment may be tendered at any Money Order Office. The quarterly Registration Fee is payable by all male persons of twenty years of age or over. Failure to pay renders defaulters liable, on summary conviction to a fine of £5. In, addition, a penalty of-sixpence per month automatically accrues if payment is not made within one month of the due date. Any employer who employs for more than seven days a person who is more than one month in arrear .with an instalment of the Registration Fee, is liable on summary conviction to a fine of £5. Employers may deduct the amount of any overdue registration fees from Lhe wages payable to employees.

The Social Security charge on income other than salary or wages is payable at the rate of one shilling in the pound, by all persons male and female, who have attained the age of sixteen years, other than those in recepit of a war pension in respect of total disablement. A penalty of ten per cent accrues on the amount of any instalment not paid within one month of the due date. Further information may be obtained at any Money Order Office, or from the Commissioner of taxes, Land and Income Tax Department, Wellington, C.3.