Tax Returns This Month
Taxpayers have exactly one fortnight in which to furnish returns of income for the year ended on March 31 to their local Land and Income Tax Department branch. Returns of income must be furnished by all companies and persons in business (including farming) or in receipt of profits or gains derived from the extraction, removal, or sale of minerals, timber or flax; also by all persons in receipt of income from salary, wages (including bonuses, overtime, allowances), interest, rent, annuity, or other annual payment, or dividends, or other profits from shares in companies where such income ex'ceeds £2OO a year - , whether the income from interest, rent, annuity or dividends is derived from a source within or beyond New Zealand.
Returns are required whether or not a person is covfcred by special exemptions making him not liable for tax. The due date is June 1, but applications can be made for extensions of time.
Where returns are for a year ending on any day falling in the period April 1, 1949 to September 30, 1949, they are required within two months of such date.
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https://paperspast.natlib.govt.nz/newspapers/NA19490518.2.67
Bibliographic details
Northern Advocate, 18 May 1949, Page 6
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187Tax Returns This Month Northern Advocate, 18 May 1949, Page 6
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