§ 94. Sir BASIL PETOasked the Chancellor of the Exchequer whether, in view of the restriction placed by the Government of Australia on the amount of money that can be remitted by draft on London to persons resident in England whose chief source of income is from Australian securities, he will consider the postponement of some portion of the Income tax payable on the 1st January next by taxpayers whose income is mainly or wholly derived from investments in Australia?
§ Mr. PETHICK-LAWRENCEUnder a long-established practice, reasonable arrangements are made in all cases of genuine and proved inability to pay tax on the due date. My right hon. Friend could not authorise a general postponement in favour of any class of taxpayer such as the hon. Member suggests.
§ Sir B. PETOMay I take it that the Chancellor of the Exchequer and his Department will take into consideration any representations made as to the impossibility of meeting the payment due on 1st January on account of the causes mentioned in the question?
§ Mr. PETHICK-LAWRENCEI have given my answer, and it covers the point raised by the hon. Member.