HC Deb 27 April 1910 vol 17 cc453-4
Mr. GEORGE YOUNGER

asked the Chancellor of the Exchequer whether he is aware that in Scotland large amounts of interest and feu duties are collected at 15th May, being the Whit-Sunday term, and that from those payments Income Tax is deducted at a rate calculated according to the rate of tax for the past and current financial years; whether, as the Budget is not to be introduced till after that date, he can state what rate should be deducted from those payments; and whether, if the rate is increased for the current financial year, the payer of interest will be entitled or bound to recover the amount short deducted when making payment?

Mr. LLOYD-GEORGE

The answer to the first part of the question is in the affirmative. As regards the second part, the rate of deduction would normally be that applicable to the financial year 1909–10. The answer to the last part is in the affirmative.