INCOME TAX
(To the Editor.)
Sir,—My father is a British Government pensioner residing in this country. Does he have to pay tax on his pension to the New Zealand Government? I understand he has to pay Is" in the £ on dividends received from British investments.— I am, etc..
80. [If the pension in question' is subject to income tax in Great Britain, the pension, is exempt from income tax in New Zealand. -Interest received in New Zealand in respect of British investments is subject to the emergency unemployment charge of Id for each la '8d of such interest. Pensions are also liable to the emergency unemployment charge. Provision is made in the Unemployment Amendment Act. however, for exemption in cases of hardship.—Ed.]
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Bibliographic details
Evening Post, Volume CXIII, Issue 142, 17 June 1932, Page 6
Word Count
122INCOME TAX Evening Post, Volume CXIII, Issue 142, 17 June 1932, Page 6
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