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TAX ON INTEREST

(To the Editor.)

Sir,—Will you allow me to reply to "Mother of Four." She advises me to read my Social Security form, this time carefully. Well, that is not necessary, as I am quite alive to the tax on interest on savings. But as it is so infinitesimal with regard tp 16-year-olds, I did not .think it worthy of mention. Interest on money in the bank is a form of income. If a- working, girl is fortunate enough to have money in the bank, then she is not likely to worry about the 6d the lady is splitting straws about. The 6d is not being taken for nothing. Your correspondent forgets the benefits that accrue if I may be forgiven a repetition.—l am, etc.,

MOTHER OF THREE GIRLS.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19390509.2.63.5

Bibliographic details

Evening Post, Volume CXXVII, Issue 107, 9 May 1939, Page 8

Word Count
131

TAX ON INTEREST Evening Post, Volume CXXVII, Issue 107, 9 May 1939, Page 8

TAX ON INTEREST Evening Post, Volume CXXVII, Issue 107, 9 May 1939, Page 8