FEDERAL TAXATION
DEDUCTIONS FROM SALARY.
AND WAGES
(Received December 13, 9 a.m.)
CANBERRA, December 12,
The Federal Treasurer announced tonight that compulsory payments of income tax will be deductible from salaries and wages as from the first payday in January under the wartime. Budget, as follows, for taxpayers without dependents:—On a salary of £5 a wek, a deduction of ss; to £6, 9s; £7, 14s; £8, 20s; £9, 22s 6d; £10, 30s; £12, 425; £14, 495; £16, 565; £18, 81s; £19, 958.
Taxpayers with dependents win b« allowed to make. a deduction of 5g from the tax payable in respect of each dependent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19401213.2.95
Bibliographic details
Evening Post, Volume CXXX, Issue 143, 13 December 1940, Page 8
Word Count
103FEDERAL TAXATION Evening Post, Volume CXXX, Issue 143, 13 December 1940, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in