§ "That such provisions of the existing Income Tax Acts as entitle the occupier of agricultural land to be assessed under Schedule B at one-third of his annual vent be repealed, and the assessment of such persons to Income Tax be made under Schedule D."
§ The CHAIRMANThe new Clause which stands on the Paper in the name of the hon. Member for Blackburn would impose an additional charge by way of taxation, and is out of Order.
§ Mr. SNOWDENDoes it necessarily follow if the alterations suggested in this new Clause be made that there would be an additional tax imposed?
§ The CHAIRMANYes.
§ Mr. SNOWDENI beg to submit that it might happen that the profits declared under Schedule D might be less than the assessment under Schedule B, and therefore it is a mere assumption that the Clause might impose an additional tax.
§ The CHAIRMANI am afraid that I must use my ordinary sense in this matter. To some people, at any rate, it would mean an increased taxation.