Page 28 Advertisements Column 1

Press, 12 October 1988, Page 28

mH i ■HH4^»^fci K - x II 111 I ”'- i ll x 'IH HHMt -W . * ’< BB*r •« ’’ •' S ■ x t A SF*' \ x x W BrMr4BMa MM MR Bl I > J Mr T 'taF " " "" r '" ? : B -”>/ W;<:rf£.. H ’<<-aO«S j : s* '^® s:t .■•■"?/?w B MB^> i44Xvu " rKWfh* 'AM I I mMMe j&b?A' ' ■ >*■ I '^ ; ''“ i i ; ?<’'A< i AW It I " AAA*' 'AAA".. B FW U B I a ; u s *a* x \ x IliFAwlilli if jam i^BBBaAa ' ‘ < ill w ' i r i |f ! t ® I HI Bl / " .1 '" \ XIXXIAIJObStx <41%. 1 I t ■ ■ I HHHI it H ■■ 11 to 11 ■ I 1 / "' : "'I v ' v s", BS 4.A 4 '>\44 BBBHk ' ■ • ? ..^ f »k’s** ■JF'-'••“!. . 'r -1 ’VbATAtAtwi; Mg" a' JlfcllL it - ' "''t A 'A4"A' : .■ ‘ I’M 11111 ’i‘ ' X Hk 13111 ?4 4 I 1 IBS 81l alt > 1 wit m |M|M^a -- MBI I pt ■ ■ k « ~ Wr. J BBUffi'A JB WttJf'fi , ,«««m •lOßfeJK'* wßffw // * I'AfeJ '" " W ' B ' ‘ MHiM r < ■ ' iBS Hml i . -'■44 it 1 A MI I 3‘ 1 WHKIfe--: »*■ :*» s•*s* »H : . , v®i® ms®s ; laW- ■ - t 'x 'vwsMiMMHi p' ( B E 5? - v A >i' ‘ *-8 I ; i|B|IS. WPMw; |k||M ~e^<-wl I <a<:a.i^Ow ; ii m ™ißßfte M Ife Ml .... T - r .= ; - ■■ / -.- I KgfW —AA I : AAibiAAAPAb w fT*| k ABTgWj ■ FiiWSKiiir2llStiii]llT•H" '** " ~ tttiOAAS® MMBIII ’■ 4 b ; MW ? A- b' ■■ Tb ■ Si^iliSAllilWblAWAAbl??O 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 shara 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 Youll haye a outlining 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 t• Ki • -4- i j nnnvn Post to: Thx Changes, RO. Box 6364, Te Aro, Wellington. Lightening your tax load will mean youve got more « & ’ > > o mon y p y • I p ersona i Changes □ Company Ihx Changes □ I You’ll be able to invest in new equipment and more § | jobs. The opportunity for growth is there. | Name | | Address —— i Company investors earn more I The new imputation law means company dividends | N6W ZcolSlld GoVCWUHCnt will no longer be taxed twice. So a taxpaying company will I Office of the Minister of Revenue I be able to give a better return to its investors. L — J Tax rates are coming down. DDB N»«dh»m/GT 128