SOCIAL SECURITY CONTRIBUTION

Otago Daily Times, Issue 23953, 31 October 1939, Page 2

SOCIAL SECURITY CONTRIBUTION

In this issue appears an intimation from the commissioner of taxes that an instalment of the registration fee becomes due on November 1, and that on the same date there also falls due the third instalment of thr social security charge on income-other than salary or wages derived during the year ended March 31, 1939. Payment may be tendered at any money order office. The quarterly registration fee is payable by all male persons of 20 years of age or . over. Failure to pay renders defaulters liable, on summary conviction, to a fine of £5. In* addition, a penalty of sixpence per month automatically accrues if payment is not made within one month of the due date. Any employer who employs for more than seven days a person who is more than one month in arrear with an instalment of the registration fee is liable on summary conviction to a fine of £2O. Employers may deduct the amount of any overdue registration fees from the wages payable to employees. The social security charge on income other than salary or wages is payable at the rate of Is in the £1 by all persons, male or female, who have attained the age of 16 years, other than those in receipt of war pension in respect of total disablement. A penalty of 10 per cent, accrues on the amount of any instalment not paid within one month of the due date. Further information may be obtained at any money order office or from the commissioner of taxes, Land and Income Tax Department, Wellington, C. 3.