TAXATION RELIEF
DECISION OF FEDERAL CABINET United Press Association—By Electric Telegraph—Copyright CANBERRA, September 24. The principal effect of the sales tax exemptions, tabled in the House of Representatives by the Treasurer, Mr Casey, will be the abolition of the tax on footwear and beverages, such as tea, coffee and cocoa. Other relief is extended over a wide variety of goods, particularly those used in manufacture. Goods to the annual wholesale value of £25,000,000 will be exempt, and the annual sales tax collections of the Federal Government will be reduced by approximately £1,000,000.
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Bibliographic details
Timaru Herald, Volume CXLII, Issue 20532, 25 September 1936, Page 9
Word Count
92TAXATION RELIEF Timaru Herald, Volume CXLII, Issue 20532, 25 September 1936, Page 9
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