HC Deb 05 April 1911 vol 23 cc2190-1
Mr. CHARLES BATHURST

asked whether it was possible to assess agricultural landowners for the purposes of Income Tax upon their actual net income, like the owners of personal property, under Schedule D; and, if not, why it is impossible?

Mr. HOBHOUSE

I beg to refer the hon. Member to the remarks of my right hon. Friend the Chancellor of the Exchequer, during the Debates on this subject on the 4th May and 20th September, 1909.

Mr. C. BATHURST

Will the right hon. Gentleman give me a straight answer to a straight question, as to whether this is possible?

Mr. HOBHOUSE

I have given a perfectly straight answer. The hon. Member will find a large number of reasons set out in these speeches. The two principal of which are: (1) That the removal of the collection may prove a source of evasion of the principle of the tax; and secondly, that there are something like two million assessments to deal with.

Captain SPENDER CLAY

Does the right hon. Gentleman say it is not possible in the case of agricultural land, but that it is possible in other cases?

Mr. HOBHOUSE

Everything is possible, but in some cases it is highly inconvenient.

Mr. GEORGE ROBERTS

asked how many schemes had been sanctioned by the Development Commissioners; and the character and cost, respectively, of each such scheme?

Mr. HOBHOUSE

The schemes finally sanctioned by the Treasury on the recommendation of the Development Commissioners are:—

Forestry in Ireland £25,000
Horse breeding in Great Britain 45,000
Horse breeding in Ireland 10,000
Improvement of Scottish harbour (Stonehaven) 13,500

Mr. C. BATHURST

Has there been a grant approved in aid of agricultural co-operation?

Mr. HOBHOUSE

I must ask for notice of that.

Mr. WILLIAM REDMOND

Is it not the fact that the grant of £10,000 for horse breeding in Ireland is an annual grant, otherwise it would be out of all proportion?

Mr. HOBHOUSE

I am not sure: I should like notice.

Viscount HELMSLEY

Is it not the case that the whole grant is £40,000 and that only £5,000 is allocated for that purpose?

Mr. HOBHOUSE

I have given the information supplied to me. I will make further inquiry.

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