RETURNS OF INCOME DUE NEXT MONTH
Returns of income are required to be furnished by all companies and persons in business, or in receipt of profits or gains derived from the use or occupation of all lands used for agricultural or pastoral purposes (irrespective of the value of such lands) or in receipt of profits, or gains derived from the extraction, removal, or sale of minerals, timber or flax, also by all persons m receipt of income from salary, wages (including bonuses, overtime and allowances), interest, rent, annuity or other annual payment, or dividends or other profits from shares in companies where such income exceeds £2OO per annum, whether the income from interest, rent, annuity or dividends is derived from a 1 source within New Zealand or beyond New Zealand. Returns are required annually from such persons notwithstanding that by reason of the special exemptions allowable by law they may not be liable for tax.
Reports of prosecutions for failure to make returns in the past should be taken as a warning, and all persons liable to furnish returns are therefore advised in their own interests to forward such returns on or before June 2.
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https://paperspast.natlib.govt.nz/newspapers/ST19410519.2.34
Bibliographic details
Southland Times, Issue 24438, 19 May 1941, Page 5
Word Count
195RETURNS OF INCOME DUE NEXT MONTH Southland Times, Issue 24438, 19 May 1941, Page 5
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