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WEDNESDAY, JULY 19, 1989
SEPARATE TAXATION FOR MARRIED COUPLES WELCOMED
INTRODUCE
RESPECT
THE INLAND REVENUE (AMENDMENT) (NO.3) BILL 1989, WHICH SOUGHT TO
FOR
COUPLES IN MARRIED
OF SEPARATE TAXATION
IN THE LEGISLATIVE SALARIES TAX, WAS WELCOMED BY THE HON PETER POON COUNCIL TODAY (WEDNESDAY),
SAID
OVER THE PAST MARRIED COUPLES TAX BURDEN WHEN BOTH PARTNERS
SPEAKING IN SUPPORT OF THE BILL, MR POON FEW YEARS THERE HAD BEEN STRONG COMPLAINTS THAT MANY SUFFERED AN UNREASONABLE ADDITIONAL WERE SALARY EARNERS.
LONGER TOLERATE THE SAID MR POON,
FURTHERMORE, MANY WORKING WIVES COULD NO LACK OF PRIVACY OR INDEPENDENCE IN THEIR TAX AFFAIRS, CONVENER OF A LEGCO AD HOC GROUP FORMED TO STUDY THE BILL.
TO
ADDRESS GREAT DEAL ITS APPROACH IN
WAS GOVERNMENT'S RESPONSE MR POON SAID THE BILL SUCH INEQUITY, HE PRAISED THE ADMINISTRATION FOR DOING A OF WORK AND RESEARCH AS WELL AS BEING REASONABLE IN GRANTING RELIEF IN APPROPRIATE CIRCUMSTANCES.
REPRESENTATIONS WHICH SEVERAL MEETINGS WITH KEY ISSUES, WHICH HAD A NUMBER OF COMMITTEE STAGE
SIX RECEIVED HE SAID THE AD HOC GROUP CONTAINED MANY HELPFUL SUGGESTIONS AND IT HAD THE ADMINISTRATION AND DISCUSSED THE VARIOUS BEEN AMICABLY RESOLVED. CONSEQUENTLY, AMENDMENTS WOULD BE MOVED TO IMPROVE THE BILL.
HAD BEEN IN REVIEWING THE BILL, MR POON SAID THE AD HOC GROUP
NO SYSTEM OF TAX COULD BE VERY CONSCIOUS OF THE FACT THAT THOUGH
IT TAXPAYER,
SHOULD BE AS EQUITABLE ABSOLUTELY FAIR TO EVERY POSSIBLE.
THEREFORE,
HE
SAID,
THE UNDER
BILL, WITH
AS
THE AMENDMENTS SALARY INCOME WAS TAXATION FOR SALARIES
PROPOSED, THE AIM WAS THAT NO MARRIED COUPLE WITH WORSE OFF THAN BEFORE THE CONCEPT OF SEPARATE TAX WAS MOOTED.
OF THE WORKING WIFE COMMENTING ON THE REQUEST FOR RETENTION
THE ADMINISTRATION INDICATED
THE POON SAID
THAT ALLOWANCE, MR
AN AS
INTERIM MEASURE BEFORE SEPARATE ALLOWANCE WAS GRANTED ONLY TAXATION OF MARRIED COUPLES FOR SALARIES TAX COULD BE INTRODUCED.
HE SAID: "WHILST WE ARE EARNING
SYMPATHETIC THAT SOME LOWER INCOME
BE COUPLES, BOTH
SALARIES. MAY
WORSE OFF UNDER SEPARATE NOT TAXATION WHEN THE WORKING WIFE ALLOWANCE IS ABOLISHED, THEY WOULD
OF INTRODUCTION
SUCH A WORKING WIFE BE WORSE OFF THAN BEFORE THE ALLOWANCE.
PERSONAL
IN INCREASING THE BASIC "PERHAPS, THE ANSWER LIES ALLOWANCE SO THAT RELATIVELY LOWER INCOME GROUPS CAN ALL BENEFIT.
[L
/THOUGH THE
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