FALSE RETURNS OF INCOME

Press, Volume XCII, Issue 27801, 28 October 1955, Page 9

FALSE RETURNS OF INCOME

£750 FINE IMPOSED (New Zealand Press Association) HAMILTON, Octobef- 27. On 10 charges of wilfully making false returns of income, a fruiterer and market gardener, •, Yip Chong Chung, of Hamilton, was fined £750 m the Hamilton Magistrate’s Court today. Mr W. H. Freeman, S.M., fined Chung £75 on each charge. Figures produced by the Inland Revenue Department showed that the defendant evaded taxes of £2679 0s f«e? n »L he . lo years ended March 31, 1954. During that period he returned his income as £6612 Is 6d. blit the figure should have been £17,842 14s 4d. For the department, Mr D. W. McMullin said that in addition to the income tax evaded, social security tax was £930 short. Mr McMullin said that the defendant had 11 Post Office and National Savings accounts in the names of different members of his family. At first he said he owned only eight of them, but later admitted they were all his. The defendant pleaded ignorance of tax matters as his excuse, said counsel, but it was significant that he ran two successful businesses, was able to to write and read English, and had tried to conceal his accounts.