INCOME TAX ON ROYALTIES
Writers May Ask For Mitigation (New Zealana Press Association) WELLINGTON, September 4. New Zealand writers may approach the Government to ask for consideration of mitigation of income tax on their royalties in the same way as it done in Britain. In the closing stages of the New Zealand Writers’ conference in Wellington today the writers agreed to ask the New Zealand centre of Poets, Essayists, Editors and Novelists to discuss the question with the Government. Mr A. E. Currie, moving the motion, said that in Britain writers who received their royalties in a lump sum were allowed to spread the income over a (number of years. In New Zealand the tax was paid on the lump sum which might be a “big bite.” The writer was not like a man on a fixed income; the income came in irregularly and the present system of tax was unfair.
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Press, Volume XCVIII, Issue 28992, 5 September 1959, Page 7
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151INCOME TAX ON ROYALTIES Press, Volume XCVIII, Issue 28992, 5 September 1959, Page 7
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