§ Mr. RIDSDALEasked if the super-tax of 6d. in the £ will be leviable upon corporations, limited companies, and firms, or upon individuals only?
§ The CHANCELLOR of the EXCHEQUER (Mr. Lloyd-George)I have already explained that the super-tax will be leviable upon individuals only.
§ Mr. RIDSDALEasked if, for the purposes of determining liability to super-tax, the incomes of husband and wife will rank as one; if so, in what proportion the supertax is to be paid by each; and how would the rule apply in a case of separation under alimony?
§ Mr. LLOYD-GEORGEI do not think it is desirable that I should go into details of this kind until the Finance Bill is in the hands of Members, but I may say generally that the same rules as regards husband and wife will be applicable in the case of super-tax as of the existing income tax.
§ Major ANSTRUTHER-GRAYWhen will the Finance Bill be in our hands?
§ Mr. LLOYD-GEORGEIt depends on the right hon. Gentlemen on the Front Bench. As soon as we have got the Resolutions the Bill is ready. I should be delighted to bring it in to-morrow.