HC Deb 29 April 1920 vol 128 cc1414-5

asked the Chancellor of the Exchequer whether it is in- tended to provide that Schedule D assessments for the year 1920–21 shall be self-contained instead of being based upon a three years' average; and, if so, whether he will provide for the extension of the date at which farmers, whose accounts are frequently made up to Lady Day, must elect between Schedule B and Schedule D from 5th June, the date at present fixed, to a date after the Finance Act, 1920, has become law?


It is not my intention to propose any alteration for the current year (1920–21) in the statutory basis of Income Tax assessment under Schedule D.