TAXATION CHARGES DUE TOMORROW

Southland Times, Issue 24422, 30 April 1941, Page 2

TAXATION CHARGES DUE TOMORROW

In this issue appears an intimation from the Commissioner of Taxes that an instalment of the Registration Fee becomes payable on the Ist May, and that on the same date there also falls due the first instalment of the Social Security and National Security Charge on income other than salary or wages derived during the year ended 31st March, 1941. Payment may be tendered at any Money-order Office. All male and female persons, including Natives, sixteen years of age or over must pay the Registration fee or establish a right to exemption in respect of each instalment. All persons entitled to exemption including persons in receipt of an age benefit from the Social Security fund and who are not in receipt of any other income, are reminded that they may be held liable for payment of the instalment unless a claim for exemption is completed and presented together with the couponbook at a Money-Order Office within 7 days after the last day for payment of that instalment. Failure to pay renders defaulters liable, on summary conviction, to a fine of £5. In addition a penalty of sixpence per month with a maximum penalty of 2/6 for each instalment automatically accrues if payment is not made within one month of the due date.

All male and female persons (including Natives) sixteen years of age or over, Companies not specifically exempted, and, Trustees who derived Trustees’ Income which no beneficiary is entitled to receive during the Income year, are required during the month of May, to furnish in respect of the year ended 31st March, 1941, declarations of income other than salary or wages (“nil” or otherwise), and to pay the Social Security Charge and National Security Tax at the rate of 2/- in the £ on such income. A penalty of 10% is payable on any amount of the charge not paid within one month of the due date.