TUESDAY, NOVEMBER 13, 1990
SEPARATE TAXATION SYSTEM FURTHER EXPLAINED
* *
SPOKESMAN SAID
TODAY
BY SOME MARRIED IN RESPONSE TO THE CURRENT CONCERN EXPRESSED
OF THEIR 1989/90 SALARIES WOMEN AT THE HIGHER THAN EXPECTED AMOUNT
DEPARTMENT REVENUE TAX TO BE PAID, AN INLAND (TUESDAY) THAT THIS WAS DUE, IN MANY CASES, TO THE FACT THAT THEY NO PROVISIONAL SALARIES TAX FOR SET-OFF IN THEIR ASSESSMENTS.
HAD NOT ELECTED, WHERE A MARRIED WOMAN
AND SYSTEM OF ASSESSING THE INCOMES OF HUSBANDS RECEIVE A SEPARATE NOTICE OF ASSESSMENT FOR THE TO THE ISSUED OWN INCOME, THE ASSESSMENT WAS REQUIRED TO PAY IT.
HAD
UNDER THE PREVIOUS WIVES TOGETHER, TO TAX PAYABLE ON HER AND
WAS HUSBAND
HE
THE PROVISIONAL TAX THUS ACCORDINGLY, FOR THIS YEAR, HIS USUALLY BE THE CASE.
IS PAID
CREDITED ΤΟ THE HUSBAND. THAN WOULD TAX WILL BE SOMEWHAT LESS
AND WIFE WOULD, IN
THE SPOKESMAN REITERATED THAT NO HUSBAND TOTAL, PAY MORE TAX UNDER SEPARATE TAXATION THAN WOULD HAVE BEEN UNDER THE PREVIOUS SYSTEM.
PAID
HAD BOTH RECEIVED HE EXPLAINED THAT ONCE A HUSBAND AND WIFE
THE TOTAL TAX WOULD
TO COMPARE BE ABLE THEIR DEMAND NOTES THEY
PAYABLE HAD ALL OF THEIR PAYABLE BY THEM AS INDIVIDUALS WITH THAT INCOME BEEN TAXED IN THE NAME OF THE HUSBAND. MANY COUPLES WILL HAVE A REDUCED TAX LIABILITY.
!
HAVE BEEN REQUIRED ΤΟ FOR THESE COUPLES WHO WOULD OTHERWISE
UTILISE HIS PAY MORE TAX, BECAUSE EITHER ONE OF THEM COULD NOT FULLY
HAD VERY SMALL INCOMES, OR HER PERSONAL ALLOWANCES OR BECAUSE THEY THE LAW PERMITS THEM TO ELECT TO BE ASSESSED, AS PREVIOUSLY, ON THEIR JOINT INCOME.
THE INLAND REVENUE DEPARTMENT ESTIMATES THAT THIS YEAR IT
COUPLES BE TO THE ADVANTAGE OF SOME 70,000 MARRIED ASSESSED JOINTLY RATHER THAN SEPARATELY.
WILL
TO
ELECT
то
BE
HAD DEVELOPED COMPLEX ALL MARRIED COUPLES WHO
THE SPOKESMAN
THE DEPARTMENT SAID COMPUTER PROGRAMMES TO IDENTIFY AND NOTIFY WOULD BENEFIT FROM SUCH AN ELECTION.
AND 20,000 BEEN
THESE PROGRAMMES HAVE TAKEN SOME TIME TO DEVELOP AND TEST,
MORE DATE.
THAN OPERATIONAL.
HAVE ELECTION JOINT
ARE ABOUT TO BECOMB FULLY ADVICES OF THE ADVANTAGE OF A ISSUED.
TO ASSESSMENT
HAS ISSUED A RECORD
HIGH
OF 1.
4
-
A 40 PER CENT INCREASE OVER LAST YEAR.
THIS YEAR THE DEPARTMENT MILLION RETURNS TO TAXPAYERS
RETURNS ISSUED THIS
A SUBSTANTIAL PORTION OF THE INCREASE IN YEAR IS ATTRIBUTABLE TO THE INTRODUCTION OF SEPARATE TAXATION MARRIED WOMEN ARE REQUIRED, FOR THE FIRST TIME, TO COMPLETE AND THEIR OWN INDIVIDUAL RETURNS.
BECAUSE
LODGE
/TO DETERMINE
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