Page 12 Advertisements Column 3

Gisborne Times, Volume LXXXIV, Issue 12869, 23 May 1936, Page 12

Tho president of the Bradford Society said he 'would like to refer tcs tho existence of what he might call ‘‘Tax Dodging Societies,” which wero formed to assist taxpayers to avoid payment of taxes, by way of the various loopholes in the Finance Act«. arising through omissions or bad draftsmanship. Numerous bright individuals suddenly discovered a loophole in the Act which enabled an advantage to be obtained which was never intended by the law. It appeared to be quite impossible to legislate for all the contingencies which might arise. This was shown by tha innumerable cases which had to boi decided every year before the courts* He would urge tho visitors of other. professions or trades to refer all matter# to their accountants, gl®