536
THE NEW ZEALAND GAZETTE.
[No. 27

hereto and numbered 4; and to every such return there shall be added a declaration by the public officer of the company to the effect set forth in the said form.

10. The list of persons employed by any local authority, company, or persons to be furnished as required by section four of Schedule F to the said Act shall be in the form indicated in the form numbered 2 in the Schedule hereto; and shall be made by the persons liable to make the same on or before the eighteenth day of April in each year.

In the case of a local authority such list shall be so furnished by the secretary, clerk, or other officer fulfilling the duties of secretary or clerk; and if there shall be no such officer, then by the chairman of the local authority.

In the case of a company such list shall be furnished by the public officer thereof; and in the case of a person such list shall be furnished by the employer of the person or persons to whom the list relates.

11. If the Commissioner shall not be satisfied with any return furnished by any person or company under these regulations, or desire further information in respect thereof, he may, in writing, require any such person or company to amend such return, or furnish further particulars, either general or special; or, if the Commissioner thinks fit, he may require any such person or company to produce for examination by the Commissioner, or any person appointed by him for that purpose, at such place and time as may be appointed by the Commissioner in that behalf, any books, accounts, trade-lists or stock-sheets, papers, documents, writings, or instruments that may be considered desirable or necessary to enable the true income of any such person or company to be ascertained for the purposes of the said Act.

For any breach of this regulation every person or public officer shall be liable to a penalty not exceeding fifty pounds.

12. The first returns of income derived or received by any person or company made for the purpose of assessments under the said Act shall be for the year commencing on the first day of April, 1892, but shall be based on the income derived or received for the year ending on the thirty-first day of March, 1892, and thereafter such returns shall be made annually for each succeeding year commencing on the first day of April in each year in respect of the income received for the year ending on the last-preceding thirty-first day of March. The first of such returns shall be made on such day after the first day of April, 1892, as the Commissioner shall prescribe under these regulations, and for each succeeding year on such date after the first day of April therein as the Commissioner shall prescribe as aforesaid.

13. Upon the completion of the assessment of income the particulars thereof shall be entered in a register to be made and kept by the Commissioner.

14. The form of register of income shall be that set forth and numbered 5 in the Schedule hereto.

15. The Commissioner shall cause to be given to each person or company whose name appears in such register as liable to taxation a notice in writing of the making of the assessments. The form of the assessment-notice of income to a person or to a company respectively shall be that set forth and numbered 6 and 7 in the Schedule hereto.

16. Upon any objection to an assessment of income being made, the Board of Review to whom the same has been referred by the Commissioner shall hear and determine the same, and shall either confirm such assessment, or alter, vary, increase, or reduce the same, as it thinks fit.

Forms of objection to be made by any person or by the Commissioner may be in the forms numbered 8 and 9 in the Schedule hereto, as the case requires.

17. The Chairman of the Board shall note the decision of the Board in respect to any such objection upon the return or other document submitted to it, and, after initialling or identifying the same, shall transmit such return or document to the Commissioner, who shall enter the necessary particulars thereof on the register in such manner as he thinks fit.

18. Except as expressly provided by the said Act and the foregoing regulations, the regulations made and issued under the said Act on the thirty-first day of October last past shall extend and apply to the assessments of income, whether of persons or of companies, to be made for the purposes of the said Act, and to the returns to be made by persons or companies, and generally in all other respects such last-mentioned regulations shall, mutatis mutandis, apply to the matters provided for in these regulations.

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SCHEDULE.

NOTICE TO MAKE RETURNS OF INCOME.

“The Land and Income Assessment Act, 1891.”

Notice is hereby given that, in pursuance of the above Act and the regulations made thereunder, every person and company, within the meaning of the said Act, having derived income during the year ending the 31st March, 1892, from any source or by any means which is made the subject of taxation under the said Act, is hereby required to duly make and furnish to me in the prescribed form returns of such income on or before the day of .

And further notice is hereby given that such returns shall in all cases be delivered at, or forwarded to, the office of the Commissioner of Taxes in the Government Buildings at Wellington.

Dated this day of , 189 .

Commissioner of Taxes.

“THE LAND AND INCOME ASSESSMENT ACT, 1891.”

In pursuance of the above Act, and of the regulations made thereunder, every person in receipt of income within the meaning of the said Act is required to fill up the following return as far as is applicable to his particular case, and deliver the same at, or forward it by post to, the office of the Commissioner of Taxes, Wellington.

Commissioner of Taxes.

NOTE.—Any person failing or neglecting to furnish a return at the prescribed time, or any person making a false return, is liable to a penalty of not less than £5 nor more than £100, and to pay treble extra duty.

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RETURN of the Income of [name in full], [postal address], [occupation], made in pursuance of “The Land and Income Assessment Act, 1891,” and the regulations thereunder, for the year commencing 1st April, 189, according to the several particulars hereinafter set forth.

INCOME FOR THE YEAR ENDING 31ST MARCH, 189 .

Gross Income derived from Business. £

1. From interest of money deposited or lodged with any bank, society, company, firm, or person ..
2. From interest on bonds, debentures, or like instruments .. .. .. ..
3. From annuities or other annual payments ..
4. From the trade, business, manufacture, or concern of , carried on by me at , within New Zealand .. .. ..
5. From the trade, business, manufacture, or concern of , carried on by me at , beyond New Zealand .. .. ..
6. From pastoral lands of the Crown .. ..
7. From mining (other than coal-mining) ..
8. From any source not coming within any of the foregoing heads .. .. .. ..

Total .. .. .. .. £

Deductions.

Losses, outgoings, and expenses incurred in the production of the gross income stated above .. £

Net income derived from business .. £

Gross Income derived from Employment or Emolument.

1. From the profession, employment, or vocation of .. .. ..
2. From salary, wages, allowances, pension, stipend, charge, or annuity of any kind not charged on land .. .. .. ..
3. From commissions or share of profits by way of or in lieu of salary .. .. .. ..
4. From any other source not coming within any of the foregoing heads .. .. .. ..

Total .. .. .. .. £

Deductions.

Losses, outgoings, and expenses incurred in the production of the gross income stated above .. £

Net income derived from employment or emolument .. .. £

I claim deduction of amount paid by me during the year as life insurance premiums on my life (not to exceed £50).. .. £

I claim a deduction on account of land-tax in respect of premises occupied by me .. .. .. .. £

NOTE.—The exemption allowed by law will be deducted in the office of the Commissioner of Taxes.

N.B.—Income derived or received by the owner or occupier of land in New Zealand, or from the use or produce of such land derived by such owner or occupier, or from mortgages of such land, except where otherwise specially provided, need not be included in the gross income; and losses, outgoings, and expenses incurred in the production of such income cannot be deducted.