A Wage Tax Problem.
To the Editor. Dear Sir, —Would you or any of your readers kindly explain the following position ? A person is in a small business and lives on the business premises, and draws, say, £2 per week out of the takings to live on. This person finds he is money and is actually living cut of his capital. Has he to pay, or what amount has he to pay, for the wage tax?—l am, etc., A.S. If a man does not draw wages or salary he does not pay the wages tax, but will come under the income tax provisions of the Unemployment Amendment Act. These income tax provisions will not apply until November, and if a man has no income but is living on his capital he is unlikely to be called upon to pay anything. If, however, a man is drawing £2 a week and ending the year without profit or loss, he will be taxed on £2 a week. —Ed.. “ Star.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TS19310810.2.78.2
Bibliographic details
Star (Christchurch), Volume XLIV, Issue 188, 10 August 1931, Page 6
Word Count
167A Wage Tax Problem. Star (Christchurch), Volume XLIV, Issue 188, 10 August 1931, Page 6
Using This Item
Star Media Company Ltd is the copyright owner for the Star (Christchurch). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Star Media. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in