Article image
Article image

The Gisoorne Golf Club lias engaged a professional from England as conch. The Rev. Bates wired to-day :— West- ' erly moderate to strong winds, freshening, expect unsettled and cloudy weather. There are indications for glass to fall slowly, and then rise after 30 hours, probable southerly winds, strong to gale, rain probable. An addition of twenty-five per cent, to the graduated land tax will bo charged this year, for the first time, on properties of an unimproved value t of £40,000 and over, under the Land and Income Assessment Act of 1908. I The increase applies to all land "other than business premises," which are defined as "any piece of land included within the area of a building used for business purposes, together with such additional land as immediately . adjoins the said building, and is used and occupied in connection therewith, j and does not exceed in extent the I area of the building itself." When the same person is the owner both of business premises and of other land, graduated land tax will be assessed in respect of the whole of such business premises, and other land without the increase of twenty-five per cent., and this increase will then be calculated only on the amount of graduated land tax that would be payable by him if he were not the owner of the bu6iaess premises.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19100209.2.75

Bibliographic details

Manawatu Standard, Volume XLI, Issue 9137, 9 February 1910, Page 8

Word Count
225

Untitled Manawatu Standard, Volume XLI, Issue 9137, 9 February 1910, Page 8

Untitled Manawatu Standard, Volume XLI, Issue 9137, 9 February 1910, Page 8