POSITION CLARIFIED
BOARD AND LODGING SUPPLIED TO EMPLOYEES QUESTION OF TAXATION [United Press Association] 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 the terms of their employment. The position is that under the provisions of the Land and Income Ta- Act and the Social Security Act where a person in respect of his employment of service provided with board, lodging or the use of 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. 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 and 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/NEM19400111.2.64
Bibliographic details
Nelson Evening Mail, Volume LXXIII, 11 January 1940, Page 6
Word Count
193POSITION CLARIFIED Nelson Evening Mail, Volume LXXIII, 11 January 1940, Page 6
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