HC Deb 20 March 1923 vol 161 cc2348-9
69. Mr. PARKINSON

asked the Chancellor of the Exchequer what amount of money is owing for unpaid Excess Profits Duty, and the amount of money owing to the Treasury for unpaid Income Tax; and whether interest is charged upon such arrears if owing for more than one year?

Mr. BALDWIN

As regards the first part of the question, I would refer the hon. Member to my answer to the hon. Member for Ilford on the 20th February, of which I am sending him a copy. Interest on Excess Profits Duty is charged in accordance with Section 34 of the Finance Act, 1922; no interest is chargeable in respect of Income Tax.

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