UNEMPLOYMENT TAX

Dominion, Volume 26, Issue 31, 31 October 1932, Page 6

UNEMPLOYMENT TAX

Further Payments Due Ou November 1 another five shillings instalment of the general unemployment levy will become payable, and on the same date will fall due also the third instalment of the emergency unemployment charge on income other than salary or wages for the year ended March 31, 1932 (One penny in each amount of one shilling and eightpence). Undue delay in payment will result in the Infliction of penalties provided by the Unemployment Act. Employers should note that the emergency unemployment charge is payable not only upon actual money wages, but also upon the value of any additional emoluments such as free housing, or allowance in lieu thereof, free board and lodging, free, meals, or any other benefit or advantage received in return for services performed. The value ‘of emoluments such as those referred to must be assessed and added to the wages paid and the tax computed on the total. The responsibility of deducting the correct tax lies with the employer, who must account for the amount so deducted by means of unemployment relief stamps, which should be affixed to the wages book or other record, and cancelled by the employee writing his name or initials and the date across the stamps. Further information concerning payment of the charge may be obtained upon application at any money order office or to the Commissioner of Unemployment, Wellington.