TRUST LAND TAX.
ASSESSMENT FOR THIS’YEAR TOTALS £385. A notification that the land tax assessment for the year was £385 Is 9d was received by the Trust Lands Trust at its meeting last night. The chairman, Mr. J. Macfarlane Laing, who with other members of the Trust recently waited on the Government with a view to getting some relief from Ihe payment of tax On the graduated scale, said the assessment' of which notice had just been received was one-quarter of the full' amount under the graduated scale*; pursuant to the recent amendment of the Land and Income Tax Act. Previously, under the flat rate, church bodies and similar institutions paid half of the tax assessable and now these bodies were required to pay a quarter of the tax assessable under the graduated scale. The Trust paid £l3O in tax last year and the present demand represented an increase of nearly three times that amount. Mr. Laing added that the possibility of obtaining further relief in the future was not being overlooked. •
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Bibliographic details
Wairarapa Age, 9 October 1936, Page 4
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172TRUST LAND TAX. Wairarapa Age, 9 October 1936, Page 4
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