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OIRONO WEEKLY TumES, TrUSAY JULY 23, 1970 DX Service Station- Highway 35 and 115, Juat nortb of Newcastle SFeaturiag: Premlum Quajity Products ___ Aie The Most Reasonable Prices Stove .11 may bc picked up ln any quantlty 19.9ec'per gallon Phone 987-4215 Somiething Amczio'gly New From GN RAE DAIRY Three Different Flavoured Drinks Un'One Packaoge Orange Drink - Raspberry Drink- Lemonade Ready to serve just place the bag in a pitcher, snip the corner and pour. 3 qts., fer ouly 59e Speclal This Week-End, 10e OFF l2Ooz. 49c So Aprid 30 has passed, again. You filedyour incorne tax returu on tinie and ,thitts that for an- other year. Riglit? Wrong. Aprl 30 may be the end of the year for most taxpayers but to National Revenue, Taxa- tion, it her'al4s the beginning of a summer-Iong programi designed te verify the accuracy of the tax- payer's repor-ting. It's time once again. for MAT 4 --the code nanie for an operation carried on by ýcomputer which a- *mong other thïngs, matches the illions of T4 slips issuedby em- ployers tcainst information re- ported by the taxpayers in their income tax returns. As you may suspect, the T4s don't always match up, and the tax3men face weeks and even monthis of searching for the rea- son. Where they find a lapse of memory, a revised assessmnent notice is issued. Where fraud is suspected, the caseis turned over to the Special Investigations Brandi. One way or another, matching heips keep the taxpayer honest. 1The employe& creates the basic ingredients of the matehing pro- gram w'hen he wills out T4 slips for ail employees before the end of each February. He is obliged to give T4 slips to everyone to whom lie pays a salary, wage, commis-5on or other considera- tion which constitutes income for the recipient. He sends one copy to National Revenue, Taxa- tion and gives two copies to the employee, one of whIch thie em- pioyee must attach to his annual income tax return. Canada's sefassessment income tax s;ysteîn MI'asts a voluntary compliance rate of approximately 97 percent. In other words most tax payers report their incomes and calcuine their taxes' in ac- -cordance with the law. But there are some income- earners -who through error, over- sight or deliberate evasion, don't report ail their earnings. This is where the computer matching program cornes into play. The computer quickly identifies@ em- ployees Who haven't sent in al their T4 slips and those who m ay have altered their 'slips with the intention of paying less tax. Not long ago the matching of T4 slips to inake sure ahl income was reported and to detect fals- ifications was done by hand. It was a slow, laborious undertaking and sometimes taxpayers toork chances,- knowing it was actually impossible to check everyone. The computer matching- pro- gram changed ail that overniglit. The computer swiftly and effici- ently matches ýail income reported by employers with that reported by eniployees. This year (1970) more than 13 million T4 slips will be matched. Preparation of the data for the computer is a large job which is carried out at several regional keypunch, centres. These centres send the information to the Data Centre in Ottawa in the form of magnetic tape, ready for computer use. In addition, a number of large employers in ýCanada, who keep employee payroll information in their own computers, send the Department copies of magnetie tape and so reduce the volume of paper work and the cost 'of con- verting records to tape. The computer data obtained for T4 slips is also used to create a record, In tape form, of ahl earn- ings and 'Department of Nation-al Health and Welfare to formi the basis for *CPP pensions and ben- efits which are calculated on the basis of a person's income and contributions, over a numbler of years. Thle final result of the matching program, in addition to keeping taxpayers honest, is to bring into revenue ail proper taxes. Reassessments -resulting from computer matching actions in 1968-69 programn year resulted in increased tax revenue of $4,882,- 683. 0f thnt Belleville turned up Y.ur Tax Returns total, $53,717. owed by district taxpayers was by matching. NEWTONVILLE GIRLS DEFEAT ORONO TWICE The Nelwtonv,ýille Roadrunners played a home and home series with Gzono being vIctors 16-8 and 52-24. These wins plnced Newtonv'ille on top of the league with 14 pts., folowcd by Orono with 10, New- castie 'B' with 8 and Newcastle 'A' with 2 points. Albert's Texoce GKNERAL REPAIRS Phone 983-5249 Ore ATTENTION FARMERS r HY PAY MORE? I SAVE ON PreniluniQuaiity SGASOLINE SDIESEL SMOTOR OIL Fanm tanks and pumps available CALL COLLECT 668-3341 1~ I *V DX OIL FOR IMMEDIATE DELIVERY q Specially Selected- Canada Grade "1A" Eviscerated 2% - 3 lb AVg. CHIOKaU CENS lb.33e Fresh Cut-up Perfect for the Barbecue CHICKEN MIXED QnUARTERS l. 39c Mlale Leaf- Ideal for the Barbecue Skinless Maple Leaf Mild Seasoe efadr 17IENERS lb. 59e SAUSAGE I LIb. 65e Maple Leaf - Sweet Pickled - Mild Cured Maple Leaf - Flavourful - Mild Seasoned Cryovac M2 's BOLOGNA 16 oz. pkg. 59c COTTAGE ROLLS, lb. 65c Henley Choice Haâves PEAHES 3 9 oz. tins 9 Best Buy Feature! Save l0c on 1De off pack Reg. $114 value Giant Size Pkg. Salad Dressing 32-oz. Jar Miraucle Whip 59C TIDE 1Detergent89 Save 8c Best Buy! Canada - White or Cider Pure Raspberry- Strawberry 9 oz. Jars VyINrEGAR 128oz 69c JAMS E. D. Smith's 39, Save 130e! - M1aple Leaf Canned Midget 11/z -lb. Stock up andc Save! - York Cancy Green 14-oz. RleA M55P$1,69 or3g Save 20e - St. Lawrence 25-oz. Tin Save sc! 61/à oz. Pack CORN OIL 25 oz. 59c Tang Orange Crystals 39c Save 19e Libby's Toniato - Real good value enture! - Old Colony - Assorted Flavurs CATCHUP il oz. 5 for 99c Sof DRINKS 6 for 49t, (>Glr-Niêo%îHITEE ---------- - -- EAGLES DOWNED BY FLYERS 9.1 The Pgrt Hope FIyers 'downed the Kendal Eagles 9.1 in Kçendal on Saturday. They scored the winning runs in the openinig in- nins. John Snith the winning i tcher completed a fine game Jones was credited with the los. Rozeli Rooffing1 ALUMINUM SIDING CHIMNEY REPAJRS and EVETROUGHING PHTONE 576-7271 158 Bloor St., Oshawa C LOSED For HOLIDAYS JuIy 27th to' August 3rd Inclusive OBONO, ONT.