§ MR. LOCKIETo ask Mr. Chancellor of the Exchequer whether he will consider the advisability of making the Income Tax payable in quarterly instalments instead of annually.
(Answered by Mr. Ritchie.) The system which the hon. Member suggests was established by law, and to some extent carried out in practice in this country, previous to the year 1869, when it was abandoned for the present arrangement. The practical difficulties in working the system which led to its abandonment are, there is reason to believe, greater now than they were then, and make any recurrence to it inadvisable.