Article image
Article image
Article image
Article image

Tax on “perks”

Sir,—l do not quite agree with your explanation to Mr S. M. Murray. It does not really matter whether you call it evasion or avoidance, there are legal and illegal ways to pay less tax. The question was extensively dealt with by Lord Sumner in Levene v. I.R.C. and one or two other cases where he said that a man has as much a duty to arrange his affairs to pay the least tax, provided he does not act outside the law, as the Inland Revenue Commissioner has to collect it. The moral question is more obscure, but becomes clearer as you approach the 66 per cent bracket. It can then be argued that it is grossly immoral to tax one earner at 66 per cent and another at 10 per cent, especially when much of it is applied to support people who are too immoral to bother to do it for themselves. — Yours, etc., G. STEVEN. Clarkville, August 28, 1984.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19840829.2.77.3

Bibliographic details

Press, 29 August 1984, Page 16

Word Count
164

Tax on “perks” Press, 29 August 1984, Page 16

Tax on “perks” Press, 29 August 1984, Page 16