§ SIR EDGAR VINCENT (Exeter)I beg to ask Mr. Chancellor of the Exchequer whether he can state the estimated financial losses, at the present rate, of the abatements of the Income Tax voted in 1894 and in 1899.
§ * SIR M. HICKS BEACHIt is estimated that at the present rate of Income Tax (1s. in the £) the total financial loss involved by the changes in the scale of abatements introduced by the Finance Acts of 1894 and 1898 amounts to £1,470,000.