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THE NEW PROPERTY TAX SCHEDULES.

At a meeting of the Executive Council held on Monday evening, the revised form of schedule under the Property Assessment Amendment Act was adopted. The time for makidg returns has been extended, as we have previously mentioned, until the 2oth October next. The following Is the new form, and the appended side notes makes it easily comprehended : —• # . Property Assessment District . To (name) ■, Occupation —. Address In pursuance of the Property Assessment Act, 1879, you are hereby required to furnish a statement of all your property in the following form, and cause the same to be forwarded to the Deputy Commissioner of your district at ,on or before the 25th October, 1580, in default of which you will be liable to a penalty of £IOO, and to be assessed and charged treble duty. John Sperret, Commissioner. Property Tax Department, Wellington. 15th Sept., 1880. This statement may be seat free by post to the Deputy Commissioner, and must be sent not later than the 25th October. Statement of a'l the property of me the above-named required for the purposes of the Property Assessment Act, 1879, and the Property Assessment Act Amendment Act, 1880, and of the value of my interest in such property. Heal Property— Value (a) 1. Freehold (6) £ 2. Leasehold (6) Personal Property (c) — , All other property belonging to me, including debts owing to me (at their estimated value), mortgages, liens, bills of sale, annuities, debentures, or other securities for money, household furniture, jewellery, plate, works of art, live stock of all kinds, produce, merchandise, stock-in-trade, plaut, machinery, cash, and everything else I possess, except vessels, agricultural implements in actual use, life insurance policies, shares in public companies, and any other property exempt from taxation under the above Act {d) Deduct- , , X. Existing mortgages on the real property stated above . 2. All other debts and liabilities owing by me, for which I claim exemption, and not included in the preceding statement as to mortgages Net value & Deduct fixed exemption 500 Taxable value I do hereby declare that the foregoing statement is true and accurate in all the particulars stated by me, according to the best of ray judgment and belief. Dated this ' day of , 1880. Signature : Trustees and agents of persons temporarily or permanently absent from tbe colony are required, to render statements of the properties for which they are trustees or agents. See sections 19 and 20 of the Act of 1879. Tbo above form, may be varied or altered by agents or in such manner may be necessary to show who is the person beneficially interested in the property. (a.) Value may bo stated at aggregate value or separately for each property. (6.) Here insert general statement of property, showing its locality. Give area of land in all cases where possible. If not sufficient room here for statement it can be continued on the back, and must be signed. (C.) Personal property includes all property of whatever nature not comprised in the definition of real property. {d) The main exemptions are stated here, but attention is directed to section '26 pf the Act of 1879 for fuller information.

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https://paperspast.natlib.govt.nz/newspapers/NZTIM18800916.2.11

Bibliographic details

New Zealand Times, Volume XXXV, Issue 6072, 16 September 1880, Page 2

Word Count
524

THE NEW PROPERTY TAX SCHEDULES. New Zealand Times, Volume XXXV, Issue 6072, 16 September 1880, Page 2

THE NEW PROPERTY TAX SCHEDULES. New Zealand Times, Volume XXXV, Issue 6072, 16 September 1880, Page 2