EMPLOYMENT TAXATION

Evening Post, Volume CXXV, Issue 100, 30 April 1938, Page 11

EMPLOYMENT TAXATION

In this issue appears an intimation from the Commissioner of Taxes that an instalment of the registration levy^ becomes payable on May 1, and that on the same date there also falls, due the first instalment of the employment charge on income other than salary or wages derived during the yearI''ended March 31, 1938. Payment may be:ten-' dered at any money-order, office,,.'., The registration levy is payable by all male persons twenty years ■pipage or. over., other than those entitled'to exemption, and failure to pay renders defaulters liable, on summary conviction, to a. fine of £5. In addition, a penalty of sixpence per month automatically accrues if payment is not made within one month of the due date.

All male persons twenty years of age or over, other than those exempt, are required in May, to furnish in respect of the year ended March 31, 1938, declarations of income other than salary or wages ("nil" or otherwise). The declaration forms are in two parts. Part I is the usual form of declaration of income, whilst Part II comprises a declaration of industrial and occupational status. Both parts must be completed in every case,' notwithstanding that Part I may in some instances be a "nil" declaration. All women twenty years or over whose income other than salary or wages exceeds £50 are also required to complete both "parts of the declaration form.

The following classes of persons are exempt:—

1. Every person who is in receipt of a war pension under the War Pensions Act, 1915, in respect of total disablement, or who is in receipt of any pension under the Pensions Act, 1926.

2. All persons who satisfy the Commissioner that through physical or mental disability they are unable to follow any regular employment,' and all persons who have attained the age of sixty years (in the case of women) or sixty-five (in the case of men); provided that, in any case, the income received from all sources does not ex-, ceed £ 104 per annum. '

An exemption of £50 is allowed to women taxpayers in respect of income other than salary or wages. A penalty of 10 percent, accrues on the amount of any instalment not paid within one month of the due date. Further information may be obtained at any money-order office or from the Commissioner of Taxes, Employment Tax Division. *