Board and Lodging Liable to Taxation
T Per Press Association. Copyright.] WELLINGTON, This Day.
The Commissioner of Taxes advises that a misunderstanding appears to exist as to liability in respect of the value of board and lodging supplied to employees in terms of their employment. The position is that under the provisions of the Land and Income Tax Act, and the Social Security Act, where a person in respect of his employment or service is provided with board and lodging, or the use of a house or quarters, or is paid an allowance in lieu thereof, the value of such benefits is deemed to be salary and wages, and is liable to income tax and social security charge accordingly. ' Travellers Escape.
Where, however, an employee’s duties necessitate his travelling and sleeping temporarily away from his home or usual place of residence, and board and lodging are supplied, or a cash payment in lieu thereof is made by the employer in the terms of an award or otherwise, such board or lodging or cash payment is regarded as saving the employee from or reimbursing him for the expenditure entailed, and is not liable to tax or charge.
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https://paperspast.natlib.govt.nz/newspapers/NA19400112.2.118
Bibliographic details
Northern Advocate, 12 January 1940, Page 7
Word Count
196Board and Lodging Liable to Taxation Northern Advocate, 12 January 1940, Page 7
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