[Form No. 7.
INCOME-TAX ASSESSMENT NOTICE.
Mr. George B. Russell,
510 French St.,
In any correspondence on this subject please quote No. R. 29/8.
Land and Income Tax Department, WELLINGTON, C.1, 19 DEC 1932, 193
LAND AND INCOME TAX ACT, 1923, AND AMENDMENTS.
TAKE NOTICE that you have been assessed for income-tax in respect of income derived during the year ended on 31st day of March, 1932, as shown below.
If you desire to object to the assessment, please state shortly in writing the grounds of your objection. The objection must be received at the Office of the Commissioner of Taxes, Wellington, not later than 9- JAN 1933, otherwise the assessment must stand, and the tax as assessed will become payable. This notice should be retained for the purpose of checking the account when received. This is not a demand for tax, the due date for payment of which will be advertised and notiﬁed in the post-ofﬁces about the end of January.
C.E. DOWLAND, Commissioner of Taxes.
Gross income: as returned £300
Assessable income Earned, £300 Unearned
Less special exemptions as under:-
Under section 74, Land and Income Tax Act, 1923, as amended by section 3 of the Land and Income Tax Amendment Act, 1931, and in conjunction with section 6 of the Land and Income Tax Amendment Act, 1931
Children allowance £247
Contributions to support of widowed mother
Life-insurance premiums, Superannuation, and National Provident Fund contributions £10.2.0
Unemployment-relief tax £1.10.0
Taxable income Earned, £41.8.0 Unearned,
Total taxable income
Total taxable and non-taxable income £41
Tax payable on £ 41 at 7d in the £1 rate for £41 £1.3.11
30% additional 7.2
Tax on unearned income = of £ = £ 1.11.1
Special emergency tax 33 1/3 % of £
Special flat-rate tax on £ , less £500 = £ @ 4d. in the £1
Tax payable £1.11.1