EMPLOYMENT TAX

Kaikoura Star, Volume LVI, Issue 86, 2 November 1936, Page 3

EMPLOYMENT TAX

PAYMENTS DUE Ist NOVEMBER In this issue appears an intimation by the Commissioner of Taxes that an instalment of the registration levy became due on November 1, and that on tho same date there also fell due the third instalment of the employment charge on income other than salary and wages derived during the year ended March 31, 1936. Payment may be tendered at any money-order office. The registration levy (5/- per quarter) is payable by all male persons of 20 years of age or over and failure to pay renders the defaulter liable on summary conviction to a fine of £5. In addition a penalty of sixpence per month automatically accrues if payment is not made within one month of the due date. Employers also have a responsibility in this matter: every person who employs for more than seven days a man who is over one month in arrear with an instalment of the registration levy is liable on summary conviction to a fine of £2O. Employers are empowered to deduct the amount of any overdue levies from any wages payable to an employee.

The employment charge on income other than salary and wages is payable at the rate of 8d in the £ and all male persons who have attained the age of 20 years (including natives) must furnish a declaration of such income. If no income is derived apart from salaries and wages then a “nil” declaration must be furnished. Every woman (including native women) who derives income, apart from salaries and wages, in excess of £5O must also furnish a declaration of such income. A penalty of 10 per cent, accrues on the amount of any instalment not paid within one month of the due date.

.Inquiries regarding employment tax should bo made to any Postmaster or addressed to the Commissioner, Employment Tax Division, Land and Income Tax Department, Wellington.