UNEMPLOYMENT TAX.
ACCOUNTANTS RAISE A POINT.
(By Telegraph.—Special to Standard.)
WELLINGTON, Dec. 5. The attention of the Commissioner for Unemployment is being called by the New Zealand Society of .Accountants to w'liat appears to be an anomaly in the law relating to unemployment taxation. At the last meeting of the society’s executive cases were reported of taxpayers who for the year ended March 31, 1931, had been earning their income from business. Since then .having given up business on their own account, and taken salaried positions, they have been subject to the wage tax. As the law now stands, they appear liable to pay the emergency tax on their last year’s income in addition to that of the present year, for the reason that the income returned for the previous year was “other than salary or wages.” The executive decided to secure a ruling from the Commissioner for Unemployment, and if the position as indicated is confirmed, representations will be made to the Minister of Finance to correct the hardship.
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Bibliographic details
Manawatu Standard, Volume LII, Issue 5, 5 December 1931, Page 6
Word Count
170UNEMPLOYMENT TAX. Manawatu Standard, Volume LII, Issue 5, 5 December 1931, Page 6
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