Tax refund refused
(N.Z. Prut Association) AUCKLAND, Jan. 1. If hard-of-hearing people were allowed to deduct their expenditure on hearing-aids in calculating income tax, the door would be opened to claims for all kinds of private expenditure, the Minister of Finance (Mr Muldoon) has told the League for the Hard of Hearing. The board of governors of the league had asked the Minister to allow tax deductions for the cost of batteries and the maintenance of hearing aids. It suggested that, particularly where hearing-aids were essential to employment their maintenance reasonably might be regarded as an expense incurred in the earning of taxable income. The Minister’s reply was that it had always been an established principle in New Zealand that only expenses incurred in producing the taxpayer’s- assessable income could be deducted. “This is qualified to the extent that no deduction is allowed for expenditure of a private or domestic nature,” he says. The tendency of sue- ■ cessive governments had been to maintain special exemptions at a comparatively high level, to cover most aspects of private expenditure.
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Bibliographic details
Press, Volume CXI, Issue 32494, 2 January 1971, Page 6
Word Count
177Tax refund refused Press, Volume CXI, Issue 32494, 2 January 1971, Page 6
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