F >- ~ n< . - - u fl fl *fl fl ' fl*E * |ffl Z Bk -fl fl fl fl ; w% $S wB IB HB flfl BfKj H I | ‘ ,w£ * bKBBM || ' £i>£ , r ftj 1 IMBSSSH £ ”s ■’ '.‘ i! *O'i«la| *U3»c«u»o»re Iflfl| .< ‘ ■■■■• ' ' ' _l - ■Mi ■! . ** |l w *y ißflMflaw Kas Ww fl ■ I " fIHB fl lKlßHffW§Wswl fl& fl fl- 1 * 3as E" 9■ .<'<<■’•i®i« i / z ’ 9B I HI ■ M B'l&fl B' Clflfli H li w : Tib* ; fl ! I flu ifc fl* yfe -iflß' i- <JHHHi^f z -, ~ '* ■*; i ' *W% 8 > i 1 ’ » E\ /;? £' -ZU / nfIKL -» „ * z«A'U-2*ML’ iMs ■» \” s 9 isk | »|B 6z £ s # wtfk I 1 U. * fIH 11 || &B S : ; J z^ z W''" ’B?2 2 < w*** - MM^L:' ; Ww l*y- J *- z - . ■.» ■fe ' ■•••''-• HUB .z‘- -• •’ Hh "‘.li* W sZ VW ?•“ .™ • ■ B ■ • '■ ‘ . ■ ■■ ■ k - www ,!*_. ■;<•■ Mkgfi H Srtiil 5&1.98 . Hfln:< & fIBF ■ ■ ' i: ■ \ » ■'•**' *» , ■ M ' ■ .. , £ £xl'£ /7? 'll z. : ’ ? HllU • ! ;;i-/ : '.£i 4 1 z 5 .... ""'■l: ■<£' !Z £3|B| F £ "'W'J H- ! ■ .Z£s J 4 J ~ ' I - r jfcfey 22 2 9 M 9 9 t , H IsatijSF 4 * # * ? < fli ■ ** £ 9 4 z H^^H*' fl II I 9^ll II I RBwBiW I k ■ £'Epl ' ........ J Hi % I zgPajMß - rfiy - . iMitl B e Wi s IM 2 k ■ BJI I iHI I Ifti' ipy* ■ iJßfllpii jMHHfI ■. ,xz;. :.■ ? i < E9B»4nßtfr «*& *Jz / x „ flsfrJawfe 9 9 9 MMMMM 9 -W»W «&OM3E • ** '? j* * w/ || ME Mml ■SH ■ M H M— VV '* ■ z" >■? 2, 10 fe i IstTSJ IfFxi I iv <>Ti .®/ - 7 wfll Ah *>. BKI HK»9 11111 M ttl mR» Ek.lll rl 11 ir&lln i|l ijl 8 i ''. -1: £ li flHib IHBI i 44 ■ , ’-■ , |fl ’> z z I , B 1' - irTTO/A There wasn’t much justice in our old company tax (Under imputation, the tax rate a company pays - 28 system. More often than not small companies like yours percent — is deducted from the shareholder’s personal income would pay the full 48 percent tax while the corporate giants tax rate. If this rate is 33 percent,, the shareholder pays 5 ended up paying very little. ( percent tax on the dividend income. If the rate is 24 percent, From this year, big businesses will be shouldering the shareholder gets an imputation credit of 4 percent to their fair share of the tax burden. And most small businesses deduct from their tax bill.) will pay a lot less tax. . New rules for provisional tax payers Company tax rate almost halved You’ll have already received a booklet outlining the By closing the loopholes on business tax avoiders, we main details of the new provisional tax laws, can afford to chop your company tax rate almost in half. In the past, provisional taxpayers had an unfair The new rate, introduced on 1 April this year, is advantage over ordinary taxpayers by being able to defer 28 percent. One of the lowest company tax rates in the world payment to the next tax year. Now you’ll be required to pay (Australia’s is 39 percent, Britain’s 35 percent, USA’s 34 tax in the same year, based either on your last year’s tax bill percent). or an estimate of how much you’ll earn this year. More opportunities, higher returns Lightening your tax load will mean you’ve got more J”” o: Changes, P.O. Box 6364, Te Aro, Wellington. money to put back into your business. i Fl ease send me more information on: xr ni ~,... . . , . ‘ Personal Ihx Changes Company Thx Changes s You 11 be able to invest m new equipment and more | | jobs. The opportunity for growth is there. | Name j I ddvess I Company investors earn more j j The new imputation law means company dividends NeW Zealand Government ! will no longer be taxed twice. So a taxpaying company will I 0® Office of the Minister of Revenue 1 be able to give a better return to its investors. L „ - J Tax rates are coming down. ? + -£ ? ; f : I
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Press, 26 September 1988, Page 17
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637Page 17 Advertisements Column 1 Press, 26 September 1988, Page 17
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