HC Deb 21 March 1922 vol 152 cc238-9
58. Sir W. DAVISON

asked the Chancellor of the Exchequer whether his attention has been called to the differentiation made under the Income Tax Acts between the employé of a public company and the employé of a firm, whereby the former is assessed for his remuneration on the basis of the income of the current year while the income of the latter is assessed on the basis of the three preceding years; and whether he will take steps to remove this anomaly, which is the cause of much dissatisfaction and hardship at the present time, by providing for the assessment of individuals on a uniform basis?


I am aware of the differentiation to which my hon. Friend refers, and the matter is receiving careful consideration. I am not, however, in a position to make any statement at the moment.