WORK OF THE SESSION

Poverty Bay Herald, Volume LXIII, Issue 19134, 1 October 1936, Page 5

WORK OF THE SESSION

REMARKABLE CLEARANCE TAXATION BILLS PASSED (Parliamentary Reporter.) WELLINGTON, this day. In .securing the passage of both the annual Taxing Bill and the amendments to land and income tax during yesterday’s sitting of tlie House of Representatives, the Government made a remarkable clearance of its order paper, which is left almost hare, with only one important measure, the Industrial Efficiency Bill. This will be discussed! on the second reading at to-day’s sitting. Two final statements by tbo Minister of Finance, the Hon. W. Naslr, before the amending taxation bill was passed provided some reassurance to critics. Mr. Nash declared that, if hardship was experienced, as was suggested, in connection with the graduated land tax in particular, and it was found that it would be unjust to immediately press for payment, such cases would! be considered with a view to extending relief. In other words, pressure wonjd not be exercised.

Mr. W. J. Broadfoot, (Nat., Waitomo) : Take a lien ? The Minister, who did not concur with this suggestion, also removed apprehensions that the new authority to collect income tax by instalments might cause the department to demand payment of a large proportion before (lie usual date.

Mr. Nash said it was not proposed to introduce this system during the current year; therefore, income tax in respect to incomes to March 31 would he asked for in February next, and not before.