§ 48. Sir A. HOLBROOKasked the Chancellor of the Exchequer whether the pensions of naval warrant officers are subject to payment of Income Tax; and whether he will consider the exemption of these small pensions from taxation?
§ Sir R. HORNEThere is no exemption from Income Tax in favour of the pensions of naval warrant officers, and I know of no valid grounds on which the exemption suggested by my hon. and gallant Friend could be claimed.