Children have often been encouraged to save their money. These school pupils from Kelburn, Wellington, have bank books from several different banks. They were featured in the news because from 1 April 1992 any savings accounts for which the saver did not supply a tax number were to be taxed at 33 cents in the dollar. Very few school students had tax numbers.
Using this item
Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
Reference:
EP/1992/2072/16
Photograph by John Nicholson
Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.
Add new comment