FREE BREAD TAXATION
GIFTS TO EMPLOYEES
POSITION IN GISBORNE
A new avenue of taxation has been discovered by the Employment Fund Commissioner in the free bread given by bakers to their employees, states the Gisborne correspondent in today's "New Zealand Herald."
Bakers in Gisborne have been notified that the free bread given to employees is subject to wages tax, and a demand has been sent for the payment of the tax on such bread secured during the past two or three years.
Not all bakers' employees in Gisborne are involved. Some bakers give their men free bread, while others, instead of making a gift of bread, add an amount to wages to cover the cost of the bread required. In some cases the payment of the tax over a period of years will amount to a considerable sum.
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Bibliographic details
Evening Post, Volume CXXV, Issue 152, 30 June 1938, Page 10
Word Count
138FREE BREAD TAXATION Evening Post, Volume CXXV, Issue 152, 30 June 1938, Page 10
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