NAVAL PENSIONS
Sir, —I have received a letter fromfe the commissioner of tuxes demanding w, payment of unemployment tax on the exchange. Ho has kindly given me a rise by adding the pension and exchange together and calling it my pension. That is not so. I insist that our pensions arc only what is stated on that paper. The whole thing is wrong.. Why should New Zealand able to tax my pension at all? Not a penny is raised here, but it is spent here. If the taxpayers who provide it were to tax it that would be fair, but certainly not those who have nothing to do with it. As for calling it unearned income, I. would so like - a i few minutes' talk with the gentlemen who thought of that name! A. J. Jolley.
[lt was pointed out bv the chief income tax inspector in Auckland yesterday that the Act provides that "the assessment for income tax purposes should bo made in New Zealand currencv. There was also no differentiation between earned and unearned income for unemployment tax purposes].
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Bibliographic details
New Zealand Herald, Volume LXXV, Issue 23010, 11 April 1938, Page 14
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181NAVAL PENSIONS New Zealand Herald, Volume LXXV, Issue 23010, 11 April 1938, Page 14
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