HC Deb 22 March 1927 vol 204 c198
61. Mr. ELLIS DAVIES

asked the Financial Secretary to the Treasury up to what date in the current financial year will payments made in respect of Income Tax and Super-tax be accounted for in this year's revenue?

The FINANCIAL SECRETARY to the TREASURY (Mr. Ronald McNeill)

As and when realised and transmitted to Headquarters, all sums received in payment of these taxes are credited to the general account of the Commissioners of Inland Revenue at the Bank of England, and the Commissioners transfer every day to the Exchequer the total amount available in their account after allowance has been made for any repayments. All sums received by the Exchequer up to and including the 31st March will be included in this year's revenue.

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