Taxation on Racing
SUGGESTION FOR RELIEF. Per Press Association. STRATFORD, Aug. 13. Dealing with , racing taxation, which he described as a heavy burden on clubs; th'o 'President ’of the Stratford Club, Mr D. J. Malone, said at present the Government rebate of 24 per cent, allowed to clubs on the first £25,000 put through the totalisator, afforded a measure of relief,, but a lot of the smaller clubs received very small benefit from it. He suggested that the Club approach the Racing Conference with a request that the Government allow a rebate of 2} per cent, on the first £IO,OOO and 14 per : cent. on the next £15,000 ,q.p to £25,000. That would give a measure)©: relief to clubs, which at present a hard fight for existence. Or :,: ■ r "
It was- decided to send the remit as outlined to the Conference.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19310814.2.25
Bibliographic details
Manawatu Times, Volume LIV, Issue 6627, 14 August 1931, Page 4
Word Count
141Taxation on Racing Manawatu Times, Volume LIV, Issue 6627, 14 August 1931, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.