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HomeMy WebLinkAboutZurich Herald, 1942-09-10, Page 7ZURICH HERALD f.atablishe,d 1900 ISSUED EVER WEDNESDAY AP1DEBNOON /LOM THE Herald Printing Office SUBISCRIPTION RATES -$1.25 a rear, 'strictly in advance; $1.50 in arrears or $2.00 may be charged, U. IS. $1.50 in advance. No paper discon- tinned until all arrears aro paid up WiieSs at option of publisher. The !date of whieli every !Subscription is Paid is donated on the Label. (Professional of ;Business :Cards $4 per year and up. ADVERTIVSING RATES insertion if not over four inches in, In Memoriam, one verse 50e. 25e. for each additional verse; Card o f !thanks 50c. pea single Auction Sales --,$2.00 p length. Display advertising made known Von application. Miscellaneous articles of not more than foist. lines. For Sale, To Rent, Wnted, Lost, Found, Etc., one inser- tion 25e; 2 ins. 40c., 3 itis. 50e. Address all Communicati=n=g to: HERALD OFFICE, ZURICH A Publisher's Blessing ;($ blessed is he who does not fuss When he receives a bill from us; But knowing his subscription due, Sends in the money to renew. A. doubly blest is that good friend Who waits not till a bill we send, But promptly sends us the amount Wherewith to straighten his account. BIessed is the .man whose wife knows more about pots and pans than she does about spades and clubs A phychologist not long ago tried an experiment on Hien who were wheeling barrows, and he found if they were allowed ten minutes' rest every hour they did fifty per cent. more work in the day than when they worked every minute without rest. Wise rest is better than ill-ad- vised labor. FALL FAIR DATES The following is the list of Fall ?"airs !for 1942 :and issued by the Agricultural Societies' Branch, Ont - atria Department of Agriculture, Parliament Buildings, Tor onto. Bly t -Sept. 9-10. Milverton, Sept. 10, 11. Tavistock -Sept 11, 12 Exeter -Sept 16, 17 New Hamburg -Sept. 18, 19 ,Sttelathroy-Sept. 14, 16 Bayfield -Sept. 23, 24. Port Elgin -Sept. 25, 26 Seaforth-Sept.,24, 25. Sratford-Sept. 21, 23 Thedfor4-Sept, 22, 23 ZURICH -Sept. 21, 22 Dunganon-Oct..1, 2 .Fordwich-Ort.: 2, 3 Forest -Sept. 29, 30 7,iderton-Sept. 30. Dltitohel•1-Sept. • 29, 30 Teeswater-Oct. 6, 7 The Local News The main aim of the weekly news- paper ewtpltper as the name implies, is to give news of its own district. It may have other aims, such as to give the mer- chants a chance to tell of their goods in its columns or to try to influence public opinion through its editor- ials; ditorials; but first of all it must give the news. Some of this news is not easily obtained and no editor can cover it all without assistance. Especially is this true when yogi have visitors 1VIany of the ladies think that per- sonals are the most interesting read- ing in the whole paper. Your visitors are usually glad to have their names appear, so send then! in. Sometimes people come in and give the inipres- sion that they are asking a favor when they want us to insert the names of their friends who have been spending a few days with them. l`lo person need feel that way abont giv- ing us news items•for we are indeed ler repair your watch, cobbler repair your shoes, your plumber do your re- pair work, etc., all Free. We have the pride of a good farm invested in equipment, have many financial ob- l�igations to meet to keep going, be- fore we can claim a cent for our own wages, and to us it seems so strange how many people think we can give away our advertising space, less of even a small charge. Card of Thanks Memoriam=, Etc. notices, are not news items, and no paper can run them free; concerts, entertainment, and such functions where an admiss- ion charge is made comes under the same category; however, if patronage is given us with posteiis or other printing, an announcement in our columns is giute welcome, providing the admission price is not included but if so, then it will he considered j as advertising. Please do not e:vpc'c.t; too much from a local newspaper z tUftted 1111110110 O wog** oa.1110041a .taw, in40 THE NSW INCOME TAX PART As it Affects SALARY AND WAGE EARNERS 1. Question: WHO MUST PAY? -Answer: All persons in receipt of incomes over $660 single -or $1200 married. 2. Question: WHAT FORMS DO YOU HAVE TO FILL OUT? Answer; Unless you We single, without de- pendents, and not making payments for Towable personal savings (Item 5D), you should file Form TD -1 with your employer. Otherwise he must deduct the amounts pro- vided by the Table of Tax Deductions for a single person without dependents or personal savings. If 34 or more of your income comes from salary or wages, you must file your 1942 Income Return by 30th September 1943. If your in- come is not over $ 5,000, including' not over $100 from investments, you will .use Form Tl -Special; otherwise you will use Form T.1. 3. Question: WHEN AND HOW IS YOUR TAX COLLECTED? Answer: Your employer is required by law to make deductions from your salary or wages on account of your 1942 tax during the period September 1942 to August 1943. Each deduc- tion must be the amount provided by the official Table of Tax Deductions for your current rare of pay, and family status and per- sonal savings as declared on Form TD -1 (Item 2 above). The Table is designed to collect about 90% of the tax on your salary or wages, leaving a balance of not more than 10%, in most cases, (plus tax on your other income, if any) to be paid with your Income Return to be filed in September 1943. If your salary or wages are less than 3/4 of your income, you must pay tax on your other income by compulsory instalments. (See _Part II below). 4. Question: WHAT CONSTITUTES TAXABLE INCOME? Answer: Your•income 'is made up of your full salary or wages before any deductions whatso- ever, plus living allowances, gratuities or bonuses (including cost of living bonus) and the value of any board, living quarters or sup- plies, etc., given you by your employer, It also includes such receipts•as interest and dividends, rents (after taxes, repairs, etc,), royalties and annuities. From your total income you deduct payments (up to $300) into certain types of employees' superannuation or pension funds, charitable donations up to 10% of your income, and medical expenses over 5% of your income (maximum -$400 single, $600 married, plus $100 for each dependent up to four), to find the amount of your taxable income, 5. Question: HOW MUCH- DO YOU PAY? Answer: (A) Normal Tax -,-(whichever rate is applicable is applied to the 'full amount of A booklet entitled "YOUR 1942 INCOME TAX" will be available shortly at offices of Inspectors of Income Tax. your taxable income from the first to the last dollar) , (1) Single - with taxable income between $660 and $1800-7% with taxable income between $1800 and $3000-8% With taxable income over $3000-9% (2) Married (or equivalent status) - with taxable income over $1200-7% (3) Dependents -tax credit for each -$28 (B) Graduated Tax - (1) On first $660 of taxable income -No Tax. 30% on next $ 500 55% on next $ 5,000 33% on next 500 60% on next 7,000 37% on next 1000 65% on next 10,000 41% on next 1500 70% on next 20,000 45% on next 1500 75% on next 20,000 50% on next 3000 .80% on next 30,000 85% on excess over $100,000 (2) Married (or equivalent status) -tax credit -$150 (3) Dependents --tax credit for each -up to $80 (C) Surtax -4% on investment income over $1500 without exemptions. NOTES (1) In no case are you required co pay a net tax (i.e., after credit for dependents) which would reduce your taxable income below $660 single or 51200 married. (2) If a wife has unearned income over $660, then both she and her husband are taxable .as single persons, but any amount a wife earns does not affect her husband's right to be taxed as a married person. A married woman is taxed as a single person under all circumstances except only when her husband', income is less than 5660. (D) Tax Credit for Personal Savings -- You may deduct from the savings portion of your tax (Item 6) 1942 'payments on account of - an approved employees' (or trade union) superannuation, retirement or pension fund; (2) premiums on life insurance policies issued prior to 23rd June 1942 (if issued after that date ask your in- surance company or Inspector of Income Tax) ; (3) annuity. or savings policies not post- ponable without substantial loss or forfeiture; and (4) principal payments on a mortgage or agreement of sale, existing prior to 23rd June, 1942, on one residential property; provided (a) they do not exceed the savings portion and (b) receipts are pro- duced for the payments when filing your Income Return. (E) National Defence Tax-. This tax does not apply after 31st August, 1942. The deductions made during January to August 1942 apply as a pay- ment on account of your 1942 tax. 6. Question: HOW MUCH OF YOUR TAX IS SAVINGS? Answer: (1) Single -the lesser of (a) %2 the total of your Normal Tax, Graduated Tax and Surtax; or (b) 8% of your taxable income (maxi- mum $800) plus 1% for each dependent (maximum $100 for each). (2) Married (or equivalent status) -the lesser of (a) %2 the total of your Normal Tax, Graduated Tax and Surtax; or (b) 10% of your taxable income (maxi- mum 51000) plus 1%r for each de• pendent (maximum 5100 for each). You will get back the savings portion of your tax which you actually pay, plus 2% in- terest, after the war. (1) 7. EXAMPLES OP AMOUNTS PAYABLE ON 1942 EARNED INCOME (after allowing for National Defence Tax actually deducted Jan. -Aug. 1944 PART 1I - As it Affects PERSONS OTHER THAN SALARY and WAGE EARNERS (Such as business or professional men, investors, and persons on commission) 1. PAYMENTS -You must pay your 1942 income tax by quarterly instalments beginning on the fifteenth day of October 1942. Remittance Form T. 7-B Individuals, to be sent in withyour payments, may be secured from Inspectors of Income Tax some time in September, 2. RETURNS -You file your 1942 Income Return on Form T.1, on or before the thirtieth day of April 1943. NOTE: -Items 1, 4, 5 and 6 of Part 1 also apply. 4 IF YOU ARE AN EMPLOYER paying any person basis, it is your responsibility to deduct Income wages you pay, commencing with the first pay send the amounts deducted to your Inspector of pay-day. There are severe penalties for failure to to your obligations to deduct,' communicate with on a daily, weekly, monthly or any other Tax instalments front the salaries or period beginning in September, and Income Tax within one week from the deduct or remit. If you are in doubt as your Inspector of Ly onto Tax at once. 4 - DOMINION OF CANADA - DEPARTMENT OF NATIONAL REVENUE INCOME TAX DIVISION COLIN GIBSON, Minister of National Revenue CUT THIS ADVERTISEMENT OUT FOf( FUTURE REFERENCE C. FRASER ELLIOTT, Commissioner of Incom=e T4 publisher. He can no more work and live on earth, pay his debts without money, ,and board in Heaven, than any other professional or tradesman. Please! The Free Advertiser 1 Again, we will devote a little space to try and educate "The Free Adver- tiser' which is very often a big prob- lem to a newspaper publisher. Adv- ertising space is the bread and butter of a mewspaper, and if a publisher cannot sell this available space he will find himself in a bad position. A newspaper cannot afford to give away its space any more than your Doctor can give you his professional services free, a Dentist fix your teeth, Jewel - To Our Creditors! Owing to heavy financial obligat- ions that we have to meet at present, we are obliged to send out an umber It accounts, which in most cases are (mall, yet they amount to a nice lit- tle sum when there are a number of 'them. We trust. the people• will show their appreciation of the credit ex- ;ended by, replying to our appeal. We lave also given a local citizen a few -or collection, who will in due time ,nice a personal nail for the amounts a e sr. Something To 'Fey Yourself A Norton, Kan, woman who has a • • •• • • • • •• • • e • •H + 4. 4. • 4. 4. + .4. 4• 4• To the Men who Till the Soil Spring is here and time to start work on the land not far away. How about your work shoes for the spring work. You shoul dsee E. H. Edighoffer about them before you buy. We carry the famous line of Greb Work Shoes for men. This line has stood the test for years. At moderate prices, con- sidering quality. We also have Oxfords in black and brown calf also in black Vici Kid. These orfords are made with genuine Goodyear Welt Soles in lased. and narrow toes. If it is quality shoes you want. E. H. Edighoffer has them. In Shoe Repairing we give you the best money can buy. .� Give us a {call, our prizes �aare�py�� right.i� E. H. E�.�✓IGHV'FFER eery wide ecquaintance-1Lenowe mate. y everybody 141 .town, in fact -tried L novel Stuntthe other day. She wondered just how many folks would ;root her if she did not speak to them first. She went to church and, much unlike her usual self, left her happy smile and "How -de -you -do" at home. And not a soul but the preacher said as much as "Good morning to hen • room for ttl,:o or :Wee mare,.. --.prat Firm, Sparkling Jams and Jellies Without Fuss or Failure SHORT BOIL For jam you need give only a one -minute to two - minute full, rolling boil - for jellies only a half. minute to a minute. THRIFTY As practically no juice has time to boil away you get up to one half more jam or jelly from the same amount of fruit. NATURAL TASTE The boil is so short it can- not affect the fresh, natural taste or darken the colour. SURE RESULTS Follow exactly the tested recipes given free with Certo and you'll have lovely jams nod jollies. Ef41 Book of 72 Tested Recipes under the label of every CERTO bottle. SINGLE -NO DEPENDENTS MARRIED -NO DEPENDENTS MARRIED -a DEPENDENTS -...� ,1942 111COMC TAX INCLUD1$C SAVINGS TAX ONLY TAX l,CtV'DIMD TAX ONLY TAX IWCLVCING SAVINGS TAA OXLY =050 1,000! 1,500 2,000 2,500 3,000 3,.500 4,000 5,000 $ 138.6 297:20 507.46 709,13 924,40 1,181.06 1,407,73 1.894.67 58.67 177.20 347.46 509.13 684.40 901.06 1,087.73 1.494.67 - $ 167.20 364.13 567.46 784.40 1,007.73 1,234.06 1,711.33 - $ 58.60 164.13 317.46 484.40 657.73 831.06 1,211.33 - $ 25.66 174;80 378.13 595.06 818.40 1,041.73 1.522,00 - • $ 1,16 67.40 160.73 260.86 398.40 561.73 022.00 PART 1I - As it Affects PERSONS OTHER THAN SALARY and WAGE EARNERS (Such as business or professional men, investors, and persons on commission) 1. PAYMENTS -You must pay your 1942 income tax by quarterly instalments beginning on the fifteenth day of October 1942. Remittance Form T. 7-B Individuals, to be sent in withyour payments, may be secured from Inspectors of Income Tax some time in September, 2. RETURNS -You file your 1942 Income Return on Form T.1, on or before the thirtieth day of April 1943. NOTE: -Items 1, 4, 5 and 6 of Part 1 also apply. 4 IF YOU ARE AN EMPLOYER paying any person basis, it is your responsibility to deduct Income wages you pay, commencing with the first pay send the amounts deducted to your Inspector of pay-day. There are severe penalties for failure to to your obligations to deduct,' communicate with on a daily, weekly, monthly or any other Tax instalments front the salaries or period beginning in September, and Income Tax within one week from the deduct or remit. If you are in doubt as your Inspector of Ly onto Tax at once. 4 - DOMINION OF CANADA - DEPARTMENT OF NATIONAL REVENUE INCOME TAX DIVISION COLIN GIBSON, Minister of National Revenue CUT THIS ADVERTISEMENT OUT FOf( FUTURE REFERENCE C. FRASER ELLIOTT, Commissioner of Incom=e T4 publisher. He can no more work and live on earth, pay his debts without money, ,and board in Heaven, than any other professional or tradesman. Please! The Free Advertiser 1 Again, we will devote a little space to try and educate "The Free Adver- tiser' which is very often a big prob- lem to a newspaper publisher. Adv- ertising space is the bread and butter of a mewspaper, and if a publisher cannot sell this available space he will find himself in a bad position. A newspaper cannot afford to give away its space any more than your Doctor can give you his professional services free, a Dentist fix your teeth, Jewel - To Our Creditors! Owing to heavy financial obligat- ions that we have to meet at present, we are obliged to send out an umber It accounts, which in most cases are (mall, yet they amount to a nice lit- tle sum when there are a number of 'them. We trust. the people• will show their appreciation of the credit ex- ;ended by, replying to our appeal. We lave also given a local citizen a few -or collection, who will in due time ,nice a personal nail for the amounts a e sr. Something To 'Fey Yourself A Norton, Kan, woman who has a • • •• • • • • •• • • e • •H + 4. 4. • 4. 4. + .4. 4• 4• To the Men who Till the Soil Spring is here and time to start work on the land not far away. How about your work shoes for the spring work. You shoul dsee E. H. Edighoffer about them before you buy. We carry the famous line of Greb Work Shoes for men. This line has stood the test for years. At moderate prices, con- sidering quality. We also have Oxfords in black and brown calf also in black Vici Kid. These orfords are made with genuine Goodyear Welt Soles in lased. and narrow toes. If it is quality shoes you want. E. H. Edighoffer has them. In Shoe Repairing we give you the best money can buy. .� Give us a {call, our prizes �aare�py�� right.i� E. H. E�.�✓IGHV'FFER eery wide ecquaintance-1Lenowe mate. y everybody 141 .town, in fact -tried L novel Stuntthe other day. She wondered just how many folks would ;root her if she did not speak to them first. She went to church and, much unlike her usual self, left her happy smile and "How -de -you -do" at home. And not a soul but the preacher said as much as "Good morning to hen • room for ttl,:o or :Wee mare,.. --.prat Firm, Sparkling Jams and Jellies Without Fuss or Failure SHORT BOIL For jam you need give only a one -minute to two - minute full, rolling boil - for jellies only a half. minute to a minute. THRIFTY As practically no juice has time to boil away you get up to one half more jam or jelly from the same amount of fruit. NATURAL TASTE The boil is so short it can- not affect the fresh, natural taste or darken the colour. SURE RESULTS Follow exactly the tested recipes given free with Certo and you'll have lovely jams nod jollies. Ef41 Book of 72 Tested Recipes under the label of every CERTO bottle.