§ MR. FREDEBICK WILSON (Norfolk, Mid)To ask the Financial Secretary to the Treasury whether he will explain on what grounds the Inland Revenue Commissioners omit to make the statutory deduction of one-sixth of the full annual value when assessing for land tax a dwelling house in a remission parish, seeing that by the Finance Act, 1896, provision is made for the assessment of land tax on the value as determined for the purpose of Schedule A in the Income-Tax Act, 1842, and by the latter Act a deduction of one-sixth of the full annual value is required to be made.
(Answered by Mr. Victor Cavendish.) The deduction of one-sixth granted by Section 35 of the Finance Act of 1894 (not the Income-Tax Act of 1842), does not reduce the annual value for Income-Tax purposes, but is only an allowance made "for the purposes of collection" after the annual value of the property has been ascertained.