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Friday, 13 November 1964

Senator HENTY - The Treasurer has supplied the following answers -

1.   The matter raised by the honorable senator presumably relates to a recent case which occurred in New South Wales. In that case, an employer was prosecuted for failure to purchase and affix stamps to a tax stamps sheet and not for failure to purchase tax stamps from a post office from which he had purchased tax stamps previously.

2.   Neither the Income Tax and Social Services Contribution Assessment Act nor the Income Tux and Social Services Contribution regulations requires that tax stamps must be purchased from a post office from which an employer has previously purchased tax stamps. Employers are, in fact, free to purchase tax stamps at any post office convenient to them. The instructions to employers contained in books of tax deduction sheets do, however, advise them to purchase tax stamps at the same post office. This is not mandatory, as there are cases where such a course is not practicable; for example, a shearing contractor who may move his location several times during the year. This advice is issued to enable the purchase of tax stamps to be readily verified in the event of those stamps being lost, stolen or destroyed after they have been affixed to a tax stamps sheet. Before credit can be allowed in such cases, the Commissioner of Taxation must be satisfied that purchases of stamps were in fact, made to the value of the stamps lost, stolen or destroyed. The necessary verification of purchases and subsequent allowance of credit can be effected more quickly if an employer has made all his purchases at the same post office rather than at a number of post offices at different locations.

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