§ Mr. LEVERTON HARRISI wish to ask the right hon. Gentleman whether foreigners resident abroad whose income was known to exceed £5,000 a year would have to pay any super-tax upon such part of their income as may be derived from securities the interest upon which was payable in this country
§ Mr. LLOYD-GEORGEThe super-tax, as I explained in my Budget speech, is a personal tax to be collected by direct assessment, and not by deduction from income at the source. The answer to the hon. Member's question is, therefore, in the negative.
§ Mr. LEVERTON HARRISSupposing a foreigner resident abroad has an income which exceeds £5,000 a year, will he have to pay super-tax upon the portion of his income which may be derived from securities the interest upon which is payable in this country?
§ Mr. LLOYD-GEORGEThat is the same question which the hon. Member has put on the paper.