MR. DUNDAS WHITE (Dumbartonshire)
To ask Mr. Chancellor of the Exchequer if he will state what is the general proportion between the annual values of properties as adopted for Schedule A of the Income-Tax Acts and 1654 the annual values of the same properties as adopted for rating; and whether in any places the same valuations are adopted for both purposes.
(Answered by Mr. Lloyd-George.) In England and Wales (excluding the Metropolis) the aggregate values for Schedule A are about 10 per cent. in excess of the values for local rating purposes. In the Metropolis and in Scotland and Ireland the valuations for either purpose are practically identical.