UNEMPLOYMENT TAX AMENDMENTS

Stratford Evening Post, Volume III, Issue 198, 10 November 1934, Page 7

UNEMPLOYMENT TAX AMENDMENTS

Attention is directed to a novice in our advertising columns regarding important changes in the incidence oL" unemployment taxation, particular of which arc as follows. " Salary or Wages All persons under the age of 20 years are exempt from payment of .the wages tax on any remuneration earned on or after November 12. 1934. income Other than Salary or Wages Commencing with the quarterly instalment due on May 1, '1035: — j (1) The undermentioned pclvsons | may- declare their exemption from/ payment of the tax on-income oi.lrr than Salary, or wages provided thentotal 'income for the twelve months \ on which the tax is assessable did j not exceed £101: (a) Females GO | years of age or over; (h) Males 6.5 j years of age or over; (c) Persons of either sex who are, .through permanent physical or mental disability. unable to follow any regular employment Declaration forms for this purpose will be available at all Money Order offices on and after April 1, lt>3s. ; (2) Exemption is provided for females in receipt of pensions under the Pensions Act, 1926,-and also for all females' under .the age of 20 years. Males under 20 years of age are already exempt. (3)" The exemption of £2O granted . to women in receipt of income other . than salary or -wages has been in- l creased to £SO. (4) All. natives, male or female, | who have attained the age of 20 J years are now liable. Hitherto they ] have been required to pay the tax j only on. salary and wages. Female Natives arc, of course, entitled to the exemption of £SO granted to other females. Default Assessments An interesting provision in the Act -3s that the Unemployment Board is empowered •to make an assessment. Of finetax payable by any person who has failed to submit a declaration of income or with whose, declaration the Board is not /satisfied. The amount of tax involved in such an assessment will be payable, unless the person concerned is able to satisfy the Board .that the assessment is excessive.