§ 61. Sir W. DAVISONasked the Chancellor of the Exchequer whether he can assure the House that it is not the intention of the Inland Revenue to demand the payment of Surtax and Super-tax in respect of the same period?
Mr. SAMUELThe Super-tax for 1928–29 is chargeable upon the statutory income (as charged to Income Tax) of the preceding year, 1927–28, and is payable on the 1st January, 1929. The Sur-tax for 1928–29, i.e., the deferred instalment of the new graduated Income Tax, is chargeable upon the statutory income of the year 1928–29, and will not be payable until 1st January, 1930. My hon. Friend will thus see that, although both Super-tax and Sur-tax are chargeable for 1928–29, they will be charged on the incomes of different years, and the latter will be payable a year later than the former. No double taxation will, therefore, in fact result.
§ Sir W. DAVISONIs it not the case that, although the income under assessment is different, the taxpayer will have to pay Super-tax and Surtax in respect of the same period?
Mr. SAMUELIf my hon. Friend will look at the last part of my answer, for the length of which I apologise—it is a 37 difficult question to deal with—he will see that I have said that:
No double taxation will, therefore, in fact, result.
§ Mr. THURTLECan the hon. Gentleman assure the House that all Super-tax payers will have to pay every penny that is due from them?