HC Deb 07 July 1930 vol 241 cc203-6

(1) Subject to the provisions of this Section an application duly made, whether before or after the passing of this Act, by a husband or a wife—.

  1. (a) under Rule 17 of the general rules for separate assessment to Income Tax for the year 1930–31 or any subsequent year of assessment; or
  2. (b) under Sub-section (9) of Section forty-two of the Finance Act, 1927, for separate assessment to Sur-tax for the year 1929–30 or any subsequent year of assessment;
shall have effect not only as respects the year of assessment for which it is made but also for any subsequent year of assessment.

(2) A person who has made any such application as is mentioned in the last preceding Sub-section for any year of assessment may give for any subsequent year of assessment a notice to withdraw that application, and where such a notice is given the application shall not have effect with respect to the year for which the notice is given or any subsequent year.

(3) A notice of withdrawal under this Section shall be in such form and shall be made in such manner as may be prescribed by the Commissioners of Inland Revenue, and shall not be valid unless it is given within the period allowed by law for making, for the year for which the notice is given, applications similar to that to which the notice relates.—[Sir H. Nield.]

Brought up, and read the First time.

Sir HERBERT NIELD

I beg to move, "That the Clause be read a Second time."

I have reason to believe that this proposed new Clause will be accepted by the Chancellor of the Exchequer. It provides that where there is an application by a husband or a wife for separate assessment, that application shall continue to be effective, in future, until it is revoked.

Mr. P. SNOWDEN

I accept the new Clause.

Clause added to the Bill.

Motion made, and Question, "That the Chairman do report Progress, and ask leave to sit again," put, and agreed to.—[Mr. P. Snowden.]

Committee report Progress; to sit again To-morrow.