§ 63. Mr. RAFFANasked the Chancellor of the Exchequer what were the aggregates of the incomes brought under the review of the Department for Income Tax under Schedule A; and what was the total net produce of Income Tax under Schedule A in England, Scotland, and Ireland, and in the United Kingdom as a whole, respectively, for the financial year 1921–22?
§ Sir R. HORNEAs the answer contains figures in tabular form, I will circulate it in the OFFICIAL REPORT.
§ The answer is as follows:
§ Income Tax statistics for 1921–22 have not yet been finally ascertained. The following provisional estimates are available:
— | Gross Income Schedule A. for 1921–22. | Net receipt Income Tax Schedule A. in 1921–22. |
£ | £ | |
England | 248,000,000 | 38,500,000 |
Scotland | 29,400,000 | 3,750,000 |
Ireland | 15,600,000 | 750,000 |
United Kingdom | 293,000,000 | 43,000,000 |
§ Under the present system of graduation and differentiation of the Income Tax, with personal allowances and deductions granted from the total income, a "net produce" can only be given for the tax as a whole and cannot be stated for any separate schedule by itself.