§ 40. Mr. HAYDN JONESasked the Chancellor of the Exchequer what was the amount of the Super-tax outstanding on the 31st March, 1927; and what steps are being taken to recover it?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Arthur Michael Samuel)It is estimated that the amount of Super-tax due to be paid but not paid at the 31st March. 1927, was £19,325,000. The assessment and collection of the Super-tax proceeds continuously throughout the year. The amount unpaid at any given date thus includes tax in respect of which demands for payment may have recently been issued, and must not be regarded as tax outstanding for any considerable length of time. The bulk of the tax in question has, in fact, since been paid. I can assure the hon. Member that no step is neglected by the revenue authorities to ensure the prompt collection of the revenue.