TAX ON SUPERANNUATION
Sir,—Your correspondent “Another Superannuitant” has bit the nail on the head. A civil servant will never get a crust from Mr Nash, who talks in millions, and lives in millions. Mr Fraser is kindly disposed to superannuitants and is prepared to allow superannuitants to draw superannuation up to £2OO a year free of tax. In order to save his party defeat on September 25 through the loss of civil servants’ votes, I think that when the list of rectified anomalies is made public, civil servants will be pleased to khow that Mr Fraser has over-ruled Mr Nash, who is 50 per cent, of the Government Civil servants pay 5 per cent, of their salary for 40 years and 2s 6d in the £ tax, and when they are retired on an average of £3 a week, 7s 6d is deducted. Those who draw £3 a week (husband and wife) as social security, without paying a penny for it, do not pay the 7s 6d tax.—Yours, etc., „ DINNIE McQUINN, September 12,1943.
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Press, Volume LXXIX, Issue 24053, 15 September 1943, Page 6
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172TAX ON SUPERANNUATION Press, Volume LXXIX, Issue 24053, 15 September 1943, Page 6
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