HC Deb 23 October 1918 vol 110 c785
64. Sir J. D. REES

asked the Chancellor of the Exchequer whether he will consider the desirability of making balances kept at a bank for the purpose of paying Income Tax available for the Treasury by the issue of Income Tax Bonds, to be used for payment of Income Tax when due, seeing that the Exchequer in that case would get the money and the taxpayer would get his interest?

Mr. BONAR LAW

This suggestion has been carefully considered and we do not think that it is workable.