96. Lieut.-Colonel MURRAYasked the Chancellor of the Exchequer approximately the amount of Income Tax, Super-tax, and Corporation Profits Tax, respectively due to be paid for the last financial year, but which remained unpaid on 1st April?
Mr. YOUNGThe approximate amounts of Income Tax and Super-tax estimated to be due to be paid but not paid by 31st March, 1922, are:
The amount of Corporation Profits Tax in assessment but unpaid (less sums shown due to be remitted) at 31st March, 1922, is approximately£12,000,000.
- Income Tax (excluding the instalment due on 1st July, 1922),£110,000,000.
- Super-tax,£24,000,000.