FARMERS SEEK MORE INFORMATION ABOUT TAXATION

Wanganui Chronicle, 7 March 1947, Page 4

FARMERS SEEK MORE INFORMATION ABOUT TAXATION

TREE-PLANTING SCHEMES 'We cannot give any more information other than that contained in a circular from the Taxation Department.” said the chairman, Mr. K. A. Williams, when a letter from the Wanganui Provincial Executive of Federated Farmers, seeking further details of taxation obligations in the case of farmers who planted trees, was received by the Rangitikei Catchment Board at its monthly meeting on Thursday.

At a meeting of the Fordell branch of Federated Farmers the question of tree planting a s a means of re-affores-tation and the prevention of erosion was discussed, slated the provincial secretary, Mr. A. R. Donaldson, in a letter to the board.

‘During a discussion it was quite evident that many farmers were sympathetic to Hi? proposal but the majority were of the opinion that the fact that the planting of milling timber is regarded by the Taxation De-partmei-t as capital expenditure, subject to taxation is a deterrent to tree planting,” tlie letter added.

‘ Would you please advise if the position, as slated above, is actually the case, because it will have a bearing on our 10 other branches whi£t have been asked to assist by planting trees.” The chairman said the board could not supply the desired information, but this question would be discussed when the annual conference of catchment boards was hold in May.