TAXATION RELIEF SOUGHT FOR GIFTS MADE TO CHURCHES
After the general election, representations would be made to the Government for some relief from taxation in the cases of business and industrial houses making donations te churches and charitable organisations, said the convener of the financial committee, Mr. 'J'. C. Brash (Wellington) at the Genera] Assembly of the Presbyterian Church in Wanganui yesterday. Mr. Brash was referring at the time to the missions budget and the need lor generous giving ;f missionary enterprises were to be maintained, he emphasised that the cost of this ,vork in China had greatly increased. Mr. Malcolm Fraser (Wellington) supporting the suggestion that some ; taxation relief should be sought, said ' that it was not realised that gif'. | of £l6O made by a business firm with I an income of more than £BOOO, would cost the company concerned £5OO. I “If some relief is not given to i graduated income tax on companies, j the benefits which the church receives I must decrease,” Mr. Fraser added. : "A large income to a c.ompanv is not ■ an indication of its wealth.” ! The future of the church's finances | depended on its members, which meant that it depended on congregations.
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Bibliographic details
Wanganui Chronicle, 31 October 1946, Page 4
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199TAXATION RELIEF SOUGHT FOR GIFTS MADE TO CHURCHES Wanganui Chronicle, 31 October 1946, Page 4
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