UNEMPLOYMENT LEVY

Nelson Evening Mail, Volume LXIV, 7 August 1931, Page 7

UNEMPLOYMENT LEVY

FURTHER EXPLANATION

METHOD OF ADJUSTMENT Though a great deal of information has been published, both officially and by the principal newspapers of the Dominion, concerning the General Unemployment Levy imposed by the Unemployment Amendment Act. 1931, there still appears to be some doubt about the incidence of the levy and the method of adjusting the new dates and rate of payment with the dates and rate under the Principal Act. The chief cause of this doubt is the belief that because the levy is payable quarterly it covers a period of three months. The fact is that the amount payable is twenty shillings per annum payable quarterly or yearly at the option of the taxpayer. The first instalment of five shillings was payable on Ist August, and has no relation whatever to September and October. Each payment is a definite sum duo on a definite dale.

There has been some confusion of ideas among people who have paid the September levy under the principal Act, but the adjustment has been effected very simply by the Post and Telegraph officials. An amount of 2s Cd of the 7s 6d paid will be carried forward to the November instalment of the new levy, and when this becomes due those people concerned will need to pay only 2s 6d.

Any other instalments of the levy under the 1930 Act that have been paid will be similarly adjusted, but if an amount has been paid which is more than sufficient to cover all instalments due up to and including that of August, L 932, a refund of the excess will be made by the Post and Telegraph Department,.