Salient. An Organ of Student Opinion at Victoria University, Wellington N.Z. Vol. 22, No. 1. March 2, 1959

Eligibility

Eligibility

To obtain this benefit, however, a full-time student applying for a refund for deductions on his earnings for the year ended March 31, 1959, must enrol as a full-time student for 1959. The department considers that if a full-time student does not intend resuming fulltime studies this year he automatically becomes a normal taxpayer when the academic year finishes.

The steps to be taken by a student who wants to have income tax on vacation earnings assessed on an annual basis are summarised below:
1. This scheme applies to full-time students and not to teachers or training college students who are employed throughout the year.
2. On taking employment during the vacation a full-time student should complete a tax code declaration (I.R.12) and hand it to his employer.
3. When each employment terminates the employer should return to the student the taxpayer's portion of the Form I.R.12. Before doing so he should complete the details of the amount earned and of tax deducted.
4. After the following March 31 the student should complete a return of income for the year ended on March 31. The form to use is I R.5. When completed it should be forwarded to the local district office of this department together with—
(a) Certificates of earnings and tax deducted received from the various employers.
(b) A letter asking that tax be assessed on an annual basis and any overpayment refunded.
(c) A certificate from the Registrar of his University or College stating he is enrolled as a full-time student for the current academic year and was a full-time student during the previous academic year. In the case of a first-year student it will be necessary to obtain a certificate from his school that he was a full-time student In the previous year.

The concession to full-time students recognises that they earn comparatively high incomes over a short period and very little, if anything, while the University is in session.