‘Sales tax hits small traders’
Sales tax and its anomalies are worrying the Canterbury and Westland Electrical Wholesalers’ Association. The association’s president (Mr E. R. Radcliffe) said the sales tax was having a detrimental effect on electrical wholesalers and was causing liquidity problems, especially for smaller traders. Mr Radcliffe said that at the moment the wholesalers paid the tax once a month; they acted as revenue collectors for the Government without any benefits for the extra work. The tax also affected' small retailers who had to buy from wholesalers and
pay extra sales tax while big stores could buy directly from the manufacturer. Manufacturers usually gave a bulk discount and, as sales tax was based on the value of goods sold, the big stores did not pay as much tax. However, the Minister of Customs (Mr Templeton) told the association that a Government inquiry would be set up to look into inequities of the sales tax system. Mr Radcliffe said that he favoured a system of valueadded tax and would present submissions along those lines.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19801006.2.90
Bibliographic details
Press, 6 October 1980, Page 17
Word Count
175‘Sales tax hits small traders’ Press, 6 October 1980, Page 17
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