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PROVISIONAL TAX

First Payment Due The Inland Revenue Department in Christchurch is expecting a flood of mail from businessmen and their accountants who posted the first instalment of provisional tax on the due date, Monday, September 7. On September 4 the Christchurch office, which deals with the area from Kaikoura to just north of Ashburton, had received 18,900 IR3 returns from the self-employed. It expects to get double that number. However, accountants have an automatic extension of time to December 7, and in certain circumstances a further extension to January 31. This year fewer wage earners have put in returns. Tax rates were altered last year, and by September, 1963, the office had received 56,500 IRS returns from taxpayers expecting refunds. This year only 49,500 have been received.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19640910.2.70

Bibliographic details

Press, Volume CIII, Issue 30542, 10 September 1964, Page 6

Word Count
128

PROVISIONAL TAX Press, Volume CIII, Issue 30542, 10 September 1964, Page 6

PROVISIONAL TAX Press, Volume CIII, Issue 30542, 10 September 1964, Page 6