§ 101. Mr. BEAUMONT
asked the Chancellor of the Exchequer whether he can state the total amount of Schedule A, taxation of agricultural land, remitted to occupying owners on account of their farming losses exceeding their Schedule B assessments?
§ Mr. P. SNOWDEN
I regret that this information is not available, as the Income Tax statistics do not distinguish occupying-owners from tenant farmers.
§ 102. Mr. BEAUMONT
asked the Chancellor of the Exchequer whether he can state the total assessment of agricultural land in England for Income Tax under Schedule B; and the total amount collected thereon in the last financial year?
§ Mr. SNOWDEN
The gross income assessed in England and Wales under Schedule B in respect of the occupation of lands is estimated for the year 1928–20 at £41,100,000. The total yield of Income Tax cannot be divided by Schedules and I am unable therefore to give the yield of tax corresponding to this assessment.