HC Deb 26 April 1926 vol 194 cc1687-787
The CHANCELLOR of the EXCHEQUER (Mr. Churchill)

Last year I was able to announce the memorable events of the return to the gold standard and of the Widows' and earlier Old Age Pension Scheme, together with substantial reductions in direct taxation. This year lies in a smaller, a simpler, and a more sombre sphere. The attempt to help the coal industry to put its affairs on an economic basis has overshadowed and overwhelmed all other interests and claims. It remains only to consider how to balance the Budget and carry forward our financial affairs in a business-like manner. Let us, first of all, look at the general position.

    cc1687-91
  1. REVENUE, 1925–26. 1,508 words
    2. cc1691-3
  2. DEPT REDEMPTION. 577 words
    3. cc1693-6
  3. EXPENDITURE, 1926–27. 1,153 words
    4. cc1696-7
  4. GOLD STANDARD. 690 words
    5. cc1697-9
  5. SILK DUTIES. 549 words
    6. cc1699-700
  6. McKENNA DUTIES. 321 words
    7. c1700
  7. ANITIQUES (EXEMPTION FROM DUTY). 133 words
    8. cc1700-1
  8. PROVISION AGAINST DUMPING. 295 words
    9. cc1701-2
  9. IMPERIAL PREFERENCE. 411 words
    10. cc1702-3
  10. REVENUE 1926–27. 389 words
    11. cc1703-4
  11. INLAND REVENUE CHANGES. 196 words
    12. cc1704-5
  12. THREE YEARS' AVERAGE. 360 words
    13. c1705
  13. DOUBLE INCOME TAX. 298 words
    14. cc1706-8
  14. BETTING DUTY. 991 words
    15. c1708
  15. FOREIGN WRAPPING PAPER. 92 words
    16. cc1708-9
  16. COMMERCIAL MOTOR CARS (IMPORT DUTY). 326 words
    17. c1709
  17. KEY INDUSTRIES DUTY. 128 words
    18. cc1710-1
  18. ROAD FUND AND MOTOR VEHICLES. 704 words
    19. cc1711-2
  19. MOTOR SPIRIT TAX 250 words
    20. cc1712-3
  20. TAXATION OF HEAVY MOTOR VEHICLES. 449 words
    21. cc1713-4
  21. LIBERAL PROVISION FOR ROAD IMPROVEMENT. 300 words
    22. cc1714-5
  22. DISTRIBUTION OF TAX. PROCEEDS. 531 words
    23. cc1715-6
  23. BEER DUTY (CREDIT PERIOD REDUCED). 194 words
    24. cc1716-7
  24. FRENCH WAR DEBT. 225 words
    25. cc1717-8
  25. SURPLUS OF £14,000,000. 343 words
    26. cc1718-9
  26. INCREASED SINKING FUND. 638 words
    27. cc1719-21
  27. FINAL BALANCE-SHEET. 510 words
  28. CUSTOMS AND EXCISE.
      29. cc1721-79
    1. CONTINUATION OF DUTY ON TEA. 23,880 words
      2. cc1779-80
    2. CONTINUATION OF ADDITION AL MEDICINE DUTY (EXCISE). 91 words
      3. c1780
    3. BETTING DUTY. 161 words
      4. c1780
    4. TRADE MOTOR CARS. 135 words
      5. c1780
    5. ANTIQUES. 89 words
      6. c1781
    6. SAFEGUARDING OF KEY INDUSTRIES. 223 words
      7. c1781
    7. COMPONENT PARTS OF ARTICLES CHARGED UNDER SECTION 1 OF THE SAFEGUARDING OF INDUSTRIES ACT, 1921. 132 words
      8. cc1781-2
    8. DUTY ON AMORPHOUS CARBON ELECTRODES. 104 words
      9. c1782
    9. DUTY ON MOLYBDENUM, ETC. 117 words
      10. c1782
    10. PACKING AND WRAPPING PAPER. 226 words
      11. cc1782-5
    11. MECHANICALLY-PROPELLED VEHICLES. 856 words
  29. INCOME TAX.
      30. c1785
    1. CHARGE OF TAX. 256 words
      2. cc1785-6
    2. INCOME TAX COMPUTED ON PROFITS OF PREVIOUS PERIOD. 202 words
      3. c1786
    3. BRITISH INCOME TAX AND IRISH FREE STATE INCOME TAX. 106 words
      4. c1786
    4. INCOME TAX ON DIVIDENDS PAYABLE OUT OF REVENUE OF NORTHERN IRELAND. 79 words
      5. cc1786-7
    5. DEDUCTION OF INCOME TAX IN COMPUTING TAX FOR PURPOSES OF EXCESS PROFITS DUTY. 215 words
  30. ROAD FUND AND GENERAL.
      31. c1787
    1. TRANSFER OF SUMS FROM ROAD FUND TO EXCHEQUER. 18 words
    c1787
  31. AMENDMENT OF LAW. 75 words