§ 68. Mr. LAMBERTasked the Chancellor of the Exchequer whether it is in- 1415 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?
§ Mr. BALDWINIt 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.