Exemption From Tax Return
Among persons who are not required to make a return of income for the year ended March 31 are those whose income did not exceed £325 and whose only income not taxed at the time of payment consisted of one or more of the following:—universal superannuation, company dividends, interest and/or investment society dividends amounting to £l2 or less.
This class of persons exempted was not explained clearly in an article in "The Press” on Friday morning which said that the Inland Revenue Department was busy answering many inquiries from taxpayers puzzling over their returns of income, which must be made to the department by July 7.
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https://paperspast.natlib.govt.nz/newspapers/CHP19590615.2.150
Bibliographic details
Press, Volume XCVIII, Issue 28921, 15 June 1959, Page 15
Word Count
110Exemption From Tax Return Press, Volume XCVIII, Issue 28921, 15 June 1959, Page 15
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Acknowledgements
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