UNEMPLOYMENT TAX.

Star (Christchurch), Volume LXVI, Issue 20458, 9 November 1934, Page 2

UNEMPLOYMENT TAX.

Changes in Incidence Made. Important changes in the incidence of unemployment taxation are advertised in this issue. All persons under the age of twenty years are exempt from the payment of the wages tax on any wages earned on or after November 12. 1934. Commencing with the quarterly instalment due on May 1, 1935, the undermentioned persons may declare their exemption from payment of the tax on income other than salary or wages prodded their total income for the twelve months on which the tax is assessable did nbt exceed £104: Females sixty years of age or over; males sixty-five years of age or over; persons of either sex who are, through permanent physical or mental disability, unable to follow any regular employment. Exemption is provided for females in receipt of pensions under the Pensions Act, 1926, and for all females under the age of twenty years. The exemption of £2O granted to women in receipt of income other than salary or wages has been increased to £SO. Natives who. have attained the age of twenty years arc now liable. Female natives are. of course, entitled to the exemption of £SO granted to other females. A provision in the Act empowers the Unemployment Board to make an assessment of the tax payable by any person who has failed to submit a declaration of income or with whose declaration the board is not satisfied.