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The Colborne Express (Colborne Ontario), 17 Feb 1921, p. 4

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Page Four THE COLBORNE EXPRESS THURSDAY, FEBRUARY 17, 1921 YOUR INCOME TAX Income tax forms for 1920 will be ready for distribution from offices of inspectors of taxation this week. On the taxpayers. will rest the onus of securing such forms. A pamphlet containing instructions for taxpayers is being printed for distribution with forms T. 1 and T. 2. Taxpayers may send cheques for the amounts of their taxes. They must send with their returns, cheques for at least twent-y-ifive per cent, of their taxes. If. they make initial payments of twenty-five per cent, for their taxes, they must pay the balance in bi-monthly instalments with interest at the rate of six per cent, per annum. It is expected that the collections of income taxes in the fiscal year ending March 31st, 1921, vtill total forty million dollars. Collections of business profits taxes are expected to reach $35,000,000. As the Federal Income Tax law now stands, it is "up to you". You cannot in future sit in your comfortable chair, receive from the postman a blank schedule sent by ihe Tax Commissioner, decide you have lots of -time, throw the blank away, receive another, and finally fill it out with grudging pen, and send it on its way, perhaps a week late. First of all, the taxpayer must apply for his own blank form, if he does not otherwise receive it. He must then be his own accountant. he He must ( money he must send Iculai- ny longer rely to total up the ! that is si! b-t do it himself. OWN WITH THE SPOTTERS Premier Drury announces that he is opposed to the policy of employing spotters and stool pigeons to run down and bring to trial violators of the Ontario Temperance Act and in this he will have the hearty support of every right thinking-person in the community. In the first place the known spotter is rather more despised by his fellowmen than were the publicans of old who for a consideration aided and abetted the Romans in their extortion of the Jewish people. The man who is willing to act in that role is possessed of a nature which no civilian government sfepuld. recognize, much less encourage and develop by making the possessor eVen a humble adjunct, in the (naeh-inery for the enforcement of law. There is only one way in which ihe spotter Can secure evidence and that is by laying traps to catch the unwary or by encouraging the weak to breaks the law,; and then the so-called detective pounces upon his victim and drags him into court. The highest aim of the '.'reputable peace officer is to prevent rather than encourage crimeftj No longer is it regarded as ix marft of efficiency on the parr of a guardian of law to have a long list of arrests to his credit. The model officer is the one whose vigilance keeps his field free from offences. There is unfortunately on the part of the human family a natural tendency to wander astray without having some highly paid official for the latter's personal fame or gain, encourage or aid them in wrong doing.--Renfrew Mercury. vhat » pay, lc;: ind the tov i»20 t ill pay inUai92 not later than April SUtn, 1H21. The rest is payable later, with six per cent, interest added, in three two-monthly instalments. It' the taxpayer, makes an error, either designed or unintentional, and it comes to light, he will not be asked to "think again" and kindlv send a correct statement Government, but instead he becomes immediately liable to heavy penal-tie^. If he understates his income by any small amount, tenth the real income, 1 income tax on the deficiency with ten per cent, interest. If he under- i in< i by < but less than twenty per ed half the amount of the inco emitted. A married taxpayer gives his come as being $3,000. His actual come is $3,600. He is liable to a fine of $3(50, which is half the ount of income omitted. Suppose he says his income is $3,000. and it really is $4,000; he then is liable a fine of the entire unreported come)' that is, he must pay over the full $1,000 he failed to report. Twenty-five per. cent of the ai ount of tax is added to the tax, for return that is late. The same pe alty is applied if he pays less than fourth of the tax as estimated 1 himself, before April 30, 1921. He may be fined $100 per day for a default information, or for failing to keep books as prescribed by the Finance Minister. The latter probably means that he must have his accounts in such fair shape that from them he can estimate correctly the amount of income and the amount of tax. The Government is not confined to the taxpayer for information. All corporations are required to send in a list of employees receiving one thousand dollars or more. It may call on any person or firm having dealings with the taxpayer to produce books and the papers must be produced. All companies file statements showing dividends and bonuses paid to shareholders . Estate moneys cannot, hereafter be allowed to remain locked up. The executor for the estate must declare and pay an income tax on estate revenues, whether the estate has been distributed or not. A minor, who will in a certain number of years receive a sum from an estate, but is presently receiving nothing, cannot plead that the estate moneys are simply accumulating; these moneys must pay income tax now. and they must pay on the back years, as far back as 1917. Who Must Pay Who is eligible to pay income tax? with of Cc-sand dollars per year (or $2,000 i'Mie or she is married) who lives in Canada, 183 days during the year, or i; employed or carries on business in Canada, or is paid for his services rendered in Canada, but in the last case, only on the income so earned in Canada. The normal <or ordinary) tax is 4 per cent, on income up to $6,000. What that means is if the income is $6,000 in., the ease of a married man with no children or other dependents, he is exempt up to .the first $2,000 of" the income, and be therefore pays an income tax of four per cent on $4,000. The unmarried person, who does not come under any other- special class, will be exemnt up to-$1,000, and if he receives six thousand income, he will pay four per cent, on $5,000. If the income is over six thousand dollars, the recipient pays not four per cent., but at the rate of eight per cent, on the excess over his exemption. What Must Be Stated To "the question "What income has to be stated?" the answer is: Your revenue for the calendar year 1920, from salary and fees, bust One thing is absolutely certain, the Government is helping to keep up the cost of doing business by demanding so many reports filled out. No ordinary man can keep up with the demand for statistics on this, that and the other, to say nothing of Income Tax Reports, Excise Tax Reports, etc. And while we are in the humor we might point out to the Federal Government that, they can save a whole lot of money if they cease sending out the dozen of reports, alleged new.-; items, etc., that find their way to every editorial desk in the country each week, en route to the waste basket. Space is too scarce and composition too expensive for editors to bother with the bunch of junk that the Government departments keep turning out by the ton.--Renfrew Mer- WARKWORTH Mr. O. B. Phillips took charge of Warkworth post office, on Wednesday last week. Mr. Ray Sykes is wearing the smile that doesn't come off--a girl on Feb. 3rd 1921. Born--In Percy township, on January 2Sth, 1921, to Mr. and Mrs. Stanley Brenton, a son. Mr. W. S. Nelson was a delegate to the Provincial Fairs Association at Toronto, and Mr. Jas. A. Armstrong was a delegate to the Horse Race Meeting, also at Toronto this week. Mr. and Mrs. Thos. McCrackin, of AinwiCk, and Mr. and Mrs. McCrackin. of Tweed, spent a couple of days this week at the home of Mr. and Mrs. .las. McCrackin, of Mr. John Snider, of Winnipeg, formerly of Norham. was married to Mrs. F. Denike, of Belleville, on the 26th of Feb., 1921. On their honeymoon trip they visited his «ister, Mrs. W. Palmateer, for a few days. Married--At. the Methodist parsonage. Warkworth, Ontario, on Wednesday, Feb. 2nd, 1921, by Rev. J. R. Butler, Loyal Wellington Zufelt, of Cramahe twp., to Rosa Frances Pratt, of the same township. Judging from the number of loads of gravel that pass through Warkworth every day, the public roads in this vicinity ought to be in good condition for travelling next year. A large number of teams have been on the job for a month or more* At ihe meeting on February 2nd, to decide" on a suitable memorial f<jr Percy Township, there were, a number of opinions and proposals. But finally the resolution of a former meeting, to erect a monument, was rescinded, and a new resolution, to erect a three room building in Warkworth, was carried. Even yet there is considerable discussion as to -the wisdom of carrying out this latest proposition. But the matter has been left with the township council to take action. the Annual Meeting of the Warkworth Public Library was held in the Library Room on Wednesday evening last. The Secretary's report was read and adopted; also the Treasurer's report, which showed a cash balance on Jan. 1st, 1921, of $111.05. The following Board of Drectors was elected for the ensuing year: President, Dr. - J. N. Richards; Directors: Mrs. Ceo. Bowen, Miss Haisley, Mrs. T. G. Smith, Rev. McGilliyray, J. C. Dixon, Rev. Butler, W. . S. Jackson, Dr. Armstrong, H. L. Walker. Miss. Haisley was appointed Secretary and Librarian, and Mr. II. L. Walker Treasurer. CODRINGTON Gum Mr. Walter Carr's family have all recovered from their sickness and are enjoying their freedom after several days quarantine. Mrs. Hugh McColl was called to Castleton on Friday to help care for her little ' granddaughter, Evelyn Richards, who was very ill, but is much improved at time of writing, Mr. and Mrs. McComb of Manitoba are the guests, of Mr. and Mrs. James Belfour of Mt. -Olivet. Mrs. McComb (nee Miss Marjorie Bel-four i has been away for 23 years and finds many changes, have taken place during that time. The evangelistic service closed at Bethany on Friday night. Rev. H. C. Brown was much appreciated durinjvhis stay here. A reception servicl was held on Sunday afternoon. Mr. Brown is spending a couple of weeks in Roseneath at the present time. The Epworth League was reorganized on Sunday. President, Mr. Sweetnam; 1st vice, Mr. O. .Van-Blaricom; 2nd vice, Miss Armstrong; 3rd vice, Mr. Ryckman; 4th vice, Miss E. VanBlarlcom; Secretary, Mr. J. Wright; Treasurer, Mr. Alfred Smith; Organist, Mrs. Seg- OAK HEIGHTS o s Mrs. W. A. McQuoid has gone S to Belleville for a couple of weeks ei visit before returning to her home j a< Mrs. Jas. Birney. of Centreton, f] visited her son, Mr. Albert Birney, a: and a number of old neighbors last h Miss Vema Dawson of the Pool i? returned to her home after a very ei pleasant and lengthy visit with a friends in Colborne. |ii HILTON Mr). Milton Gartshore has purchased a runabout. Mrs. Kilbanks is ill at her mother's, Mrs. Dorland's, Wooler. Mr. and Mrs. R. Chatterson spent " the week-end at Mr. A. Connors. Miss Verna Langdon, of Trenton has been spending a few days with Miss M. Langdon. , Mr. Bidwell Smith, of Saskatchewan, arrived at his sister's, Mrs. R. Russeli, Monday evening. Mr. and Mrs. B. Fiddick gave a very pleasant evening to a number of friends Thursday evening. Miss Maud Gartshore entertained a number of the young people Friday evan-hrg-m honor of her friend. Miss Crews. •An interesting W. M. S. meeting^ was held at the home of Mrs. Smartt on Wednesday. Our president is very painstaking in the arrangement of the programme, always having some new and instructive ideas. Scientific American says that the suspension bridge over the River near Twin Falte, in 1 Idaho, is the highest in Am-... if not in the world. The lal measurement is three hund-a.id forty-five feet from the i >f the bridge to t|ie stream the length of the span is six d;-'3d and eighty feet. Aside n its extreme height, the bridge >f interest because, although mat-Is had to be hauled a great dist-e, the structure was completed And Govt is wasting the money of the peop using, for this waste paper basket fodder, paper costing about 49c. a pound, when 7c paper or cheaper would answer. THE FARMER OF THE FUTURE The farmer of the future must be a mechanic rather than a day laborer, remarks D. D. Gray, Superintendent of the Central Experimental Farm at Ottawa in the December number of the Agricultural Gazette of Canada. This of course must not be taken in a literal sense, but rather as suggesting that the future agriculturalist must combine with a multitude of other things he requires to know a greater knowledge of mechanics than he has formerly had. Accepting this suggestion as his text, Mr. Gray tells of records that have been kept at the Central Farm on the cost of operating three makes of tractors. The cost of operating the smaller tractor is shown to be greater than the cost of operating the larger, that is in regard to horse power. The cost of discing with the smaller is shown to be less due to greater speed possible than with the greater. The cost of ploughing with the smaller is more than with the larger. The lighter machine burned gasoline at a cost of 45 cents per gallon and the heavier' machine, kerosene at 28% cents per gallon. Cylinder oil cost 85 cents per gallon. The term "United Farmer" is no misnomer. In an election contest the members hang together like brothers. er with dependent child or brother or sister under 18, or with a dependent parent or grandparent. 4. $2,000, if a widow or widower with depondent child under 21, or-with incapacitated child of any age. 5. $200 for each dependent child 6. Dividends from companies doing business in Canada, which ! have themselves paid. Normal Tax', j In addition, the following four it-i ems are entirely exempt from Fed- { era! income taxes: 1. Interest on any; .Dominion of! Canada War Bonds issued free from I income tax. 2. Pensions granted to any member of His Majesty's forces or their { dependents, -on account' jof disabilities suffered in the Great War. | 3. Money made by ... specula' ion j outside the ordinary course of" your j 4. Legacies, g[ifts and proceeds of Life Insurance Policies, but not), money earned by tho investment of i How To Find Net Income ! To ; iet i duct also-- Ordinary expenditure purpose of your business excluding mortgage on residence and borrowing f; iving e Taxes, Gray-Dort UNIT by unit, and feature by feature, a comparison shows the Gray-Dort to be bigger or stronger or better than other light cars. The motor is bigger, with cooling system to match; 40-pound crankshaft; three-ring pistons; Westinghouse starting and lighting; big axles; long springs; deep upholstery; hand-tailored top; side curtains opening with the doors; Thermoid brake-linings. Any man who will take the trouble to measure and weigh and test the units of light cars will be able to see and feel the value which is in the Gray-Dort. This value has made sales so rapid that you should see the Gray-Dort dealer at once to be sure of securing your car. H. S. SABINS. Grafton, Ontario lClltf GRAY-DORTjMOTORS, LIMITED ■ CHATHAM, ONTARIO

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