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INCOME TAX RETURNS

Sir,—l also heard Mr Holland in his electioneering campaign, and when he read the Budget, say "no person witn an income of £3OO or less has to put in returns of income, and it will save the Income Tax Department a lot of work.” It was also published in all the papers. A single man earning £3OO or less is not to put in returns. A married man should be allowed £lOO for wife and £5O for each child and £l5. I hope we have not been misled again.—Yours, etc., J. L. TURNER. November 28. 1951.

[“Returns of income derived in the year ended on March 31, 1950, were required to be furnished by June 1, 1951, which was some months before the recent election and the presentation of the Budget.” said the Christchurch superintendent of the Land and Income Tax Department (Mr N. A. Rowntree) when this letter was referred to him. “A married man is allowed a special exemption of £lOO for his wife, provided that his wife’s income does not exceed £5O. and also £5O for each child. All taxpayers are entitled to the £l5 tax rebate,” he said.]

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19511201.2.43.1

Bibliographic details

Press, Volume LXXXVII, Issue 26593, 1 December 1951, Page 3

Word Count
195

INCOME TAX RETURNS Press, Volume LXXXVII, Issue 26593, 1 December 1951, Page 3

INCOME TAX RETURNS Press, Volume LXXXVII, Issue 26593, 1 December 1951, Page 3

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