INCOME TAX RETURNS
RETURNS BY FIRST JUNE. Income tax returns should be completed and forwarded to the Commissioner of Taxes, Wellington, on or before the Ist June. If for any reason the return cannot be furnished by the prescribed date application should be made for an extension of time. Where returns are accepted compiled to a date subsequent to the 31st March they should be furnished within two months of that date. Any person required by law to furnish a return and neglecting to do so is liable on conviction to a penalty not exceeding £IOO. Neglect to furnish returns at the prescribed time not only renders taxpayers liable to prosecution, but also results in many cases in an assessment of considerably more tax than would otherwise be payable. In the absence of a return the Department has power to make an assessment of an amount on which it is considered tax ought to be levied.
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https://paperspast.natlib.govt.nz/newspapers/KCC19310516.2.32
Bibliographic details
King Country Chronicle, Volume XXV, Issue 3304, 16 May 1931, Page 5
Word Count
156INCOME TAX RETURNS King Country Chronicle, Volume XXV, Issue 3304, 16 May 1931, Page 5
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