HC Deb 09 March 1915 vol 70 cc1238-9

asked the Chancellor of the Exchequer if, in view of the fact that the profits from business and industry that are now being made are chiefly due to war contracts and circumstances arising out of the War, and in order to lessen further burdens upon those whose incomes have been diminished or destroyed, he will consider the desirability of imposing a special Income Tax of 20s. in the £ on profits in excess of the average of the three preceding years?

The CHANCELLOR of the EXCHEQUER (Mr. Lloyd George)

Although I can in no way anticipate my next financial statement, I can assure my hon. Friend that this and all other relevant suggestions will receive careful attention.