§ Sir G. Broadbridgeasked the Chancellor of the Exchequer the amount which has been received by the Board of Inland Revenue, up to date, by way of deposits free of interest in respect of future tax liabilities?
§ Sir K. WoodThe response to the invitation which I gave to taxpayers to make deposits with the Board of Inland Revenue has been very gratifying and I would like to express my thanks to all who have assisted the State in this way. Since the beginning of June taxpayers have deposited. £16,000,000 in advance taxation payments. Of this amount nearly £9,000,000 has been deposited against Excess Profits Tax, nearly £4,000,000 against Income Tax and Surtax, and the balance of over £3,000,000 without allocation. I am glad of this opportunity of drawing attention to the great service to the State which can be rendered by public-spirited taxpayers who have substantial liabilities to Income Tax, Surtax or Excess Profits Tax by remitting deposits in advance of liabilities to the Board of Inland Revenue at Somerset House, London, W.C.2.