EMPLOYMENT TAXATION

Waikato Times, Volume 124, Issue 20718, 31 January 1939, Page 10

EMPLOYMENT TAXATION

In this issue appears an Intimation from the Commissioner of Taxes that an instalment of the Registration Levy becomes due on February 1 and that on the same date there also falls due the fourth instalment of the Employment Charge on income other than salary or wages derived during the year ended March 31, 1938. Payment may be tendered at any Money Order Office. The Registration Levy is payable by all male persons of twenty years of age or over, other than those entitled to exemption. Failure to pay renders defaulters liable, on summary conviction, to a fine of £5. In addition, a penalty of sixpence per month automatically accrues if payment is not made within one month of the due date. Any employer who employs for more than seven days a person who is more than one month in arrears with an instalment of the Registration Levy, is liable, on summary conviction, to a fine of £2O. Employers may deduct the amount of any overdue levies from the wages payable to employees. The Employment Charge on income other than salary or wages is payable at the rate of 8d in the £ by all persons who have attained the age of twenty years other than those entitled to statutory exemption. An exemption of £SO is allowed to women taxpayers in respeet of income other than salary or wages. A penalty of 10 per cent accrues on the amount of any instalment not paid within one month of the due date. Further information may be obtained at any Money Order Office or from the Commissioner of Taxes, and Income Tax Department, Wellington C. 3.