§ 25. Mr. ELLIS DAVIESasked what is the estimated yearly loss to the Revenue owing to the allowances made to land-owners under the Finance (1909–10) Act, 1910, c. 8, s. 69, and under the Finance Act, 1914, s. 8?
§ Mr. McKENNAWith Income Tax at 3s. 6d. in the pound and Super-tax at the rates proposed in the Budget Resolutions, it is estimated that the annual cost of the allowance under the Sections quoted would amount to £310,000.