£15,000 GIFT TO CHARITIES
AUCKLAND BREWERY COMPANY (New Zealand Press Association) AUCKLAND. July 4. Dominion Breweries, Ltd., had decided to give £15,000 to Auckland charities, the managing director (Mr II J. Kelliher) announced at the annual meeting today. Of this sum. £6250 would go to help the aged and needy. Mr Kelliher criticised the pension of £3 15s a week as “quite inadequate to enable elderly people to maintain even a frugal standard of living.” He suggested £5 a week for single pensioners without their own homes and £4 10s each for married couples living in their own home. He also urged that the Government remove the restriction on earnings.
Mr Kelliher said the company’s gifts to charities since 1952 had been made from tax-paid profits. He had recently asked the Minister of Finance (Mr J. T. Watts) to consider treating gifts of this nature as tax exemptions, as in other countries.
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Press, Volume XCIV, Issue 28012, 5 July 1956, Page 6
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152£15,000 GIFT TO CHARITIES Press, Volume XCIV, Issue 28012, 5 July 1956, Page 6
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