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LAND TAX

, ' - -Sr) - ■ • , AND WORKING PARTNERS •' GERALDINE, November 7. i The application of land tax in certain cases im which it was said unfair? ness arose was discussed at a meeting of the Geraldine Farmers’ Union. Remits, that the graduated land tax should not be levied (on the present basis) ’'on. farms carried on'under a working partnership and that land tax -should not fie levied on both the own? er arid’ lessee of,land, were carried, bn the motion' Of- Messrs H. Wooding •arid■W'. S. Crotijf. ; ! One member explained that he was paying land tax on land which he leased, whereas, the owners of the land had already paid tax on the property. -The, same-land had to bear land tax twice/' • . , . . l\lr.Crotty: Land -tax is paid on all land and unimproved value of which is more-than £3OOO. -. • The - president (Mr G. Wooding):: Whefe two bfptheirs work together it brings them under one heading for the .assessment of tax. y Mr F. C. Neufze: Farmers who hpve a working partnership where - twb : farms are combined bring themselves within the scope of the tax, yet the Government wishes to ' encourage group-farming. > '■ The president;.. That is probably an aspect that has; not come to..their notice. ■ ' x

Mr Neutze: Of course, there is nothing to stop two farmers pooling their returns, but they have to have separate titles to their land. When the tax was originally introduced, he said, it was to break up big individual blocks,, but the position was different where there was a working partnership between two farmers.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA19381108.2.78

Bibliographic details

Grey River Argus, 8 November 1938, Page 10

Word Count
256

LAND TAX Grey River Argus, 8 November 1938, Page 10

LAND TAX Grey River Argus, 8 November 1938, Page 10

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