EMPLOYMENT TAXATION.

Thames Star, Volume LXVI, Issue 20074, 31 July 1937, Page 2

EMPLOYMENT TAXATION.

PAYMENT IN AUGUST. INCOME 0 Til Ell THAN SALAItY. In this issue appears an intimation from tlie Commissioner of Taxes that an instalment of the registration levy becomes due on August 1, and that on the same date there also falls due the second instalment of the employment charge on income other than salary or wages derived during the year ended March 31, 1037. Payment may be tendered at any money-order office. The registration levy is payable by all male persons of 20 years of age or over. Failure to pay renders defaulters liable, on summary conviction, to a fine of £5. In addition, a penalty of (id per month automatically accrues if payment is not made within one month of the due date. Any employer who employs for more than seven days a person who is more than one month in arrear with an instalment of the registration levy is liable on summary conviction to a fine of £2O. Employers may deduct the amount of any overdue levies from the wages payable to employees.

The employment charge on income other than salary or wages is payable at the rate of 8d in the £ by all persons who have attained the age of 20 years. An exemption of £SO is allowed to women taxpayers in respect of income other than salary or wages. A penalty of 10 per cenT. accrues on the amount of any instalment not paid within one month of tlTo due date. Further information may be obtained at any money-order office or from tho Commissioner of Taxes, Employment Tax Division, Land and Income Tax Department, Wellington, C. 1.