§ 63. Viscount CURZONasked the Chancellor of the Exchequer whether the special grants to officers of the Royal Navy, Royal Marines, Royal Naval Reserve, and Royal Naval Volunteer Reserve in respect to prize money and the special scheme for retirement will be subject to taxation; and, if so, whether they will be considered to be earned or unearned income?
§ Mr. BALDWINThe answer to the first part of the question is in the negative; the second part therefore does not arise.