Warning on tax
Whitebaiters who sold their catch were liable to pay 25 per cent of the proceeds in tax, said the regional controller of the Inland Revenue Department in Christchurch, Mr T. H. Silcock, yesterday. Dealers in eels and game were subject to the same tax.
“It is common knowledge that travelling salesmen, agents and employees of all descriptions, including Government and bank employees, sometimes sell or buy large quantities of whitebait for their own consumption or for sale,” said Mr Silcock. “The income they earn from this source is taxable.” As well, the purchases dealers made were not exempt from the requirement to deduct 25c in the dollar.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19800922.2.133
Bibliographic details
Press, 22 September 1980, Page 22
Word Count
110Warning on tax Press, 22 September 1980, Page 22
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in