HC Deb 12 July 1910 vol 19 cc194-5
Mr. RUPERT GWYNNE

asked the Chancellor of the Exchequer whether, under the existing Income Tax regulations, an artisan's dwelling company carrying on business at a loss is liable to pay Income Tax on the full annual value of the leasehold premises it owns; and whether the company are precluded from claiming exemption to ground rent and mortgage interest paid in respect of such premises, as exemption and abatement can be claimed by individuals only; and, if so, whether he will take steps to alter this?

The CHANCELLOR of the EXCHEQUER (Mr. Lloyd George)

The reply to the first and second parts of the hon. Member's question is in the affirmative. I do not contemplate any alteration.

Mr. RUPERT GWYNNE

asked the Chancellor of the Exchequer whether his attention has been called to the fact that during the last three years the Income Tax regulations have been so altered that any person who has been assessed for Income Tax by the assessor, and who wishes to appeal, but who, for any reason (illness, absence from England, or otherwise) fails to give notice of appeal to the Commissioners within the ten days specified on the notice of assessment, is precluded from claiming repayment of any Income Tax he may have overpaid during the preceding three years, as formerly he was entitled to do; and, if so, whether he will take steps to remedy this hardship?

Mr. LLOYD GEORGE

I am not aware of any such alterations as the hon. Member suggests.

Mr. FELL

Are the regulations and circulars which are sent out by the Commissioners of Income Tax submitted to him before they are sent out, and is he responsible for them?

Mr. LLOYD GEORGE

I have nothing whatever to do with these regulations. They were in force long before I went to the Exchequer, and even before the present Government were in power.

Mr. SNOWDEN

asked the Chancellor of the Exchequer if a grandfather who supports grandchildren under sixteen years of age, the father being dead, is entitled to the abatement for Income Tax which is given to a father with young children?

Mr. LLOYD GEORGE

The answer is in the negative.