§ 69. Mr. CHRISTIEasked the Chancellor of the Exchequer the amount of profit earned by farmers in the United Kingdom during the year 1929–30, as disclosed by the payments under Schedules B and D; and what percentage of profit does this amount show on the estimated capital invested?
§ Mr. PETHICK-LAWRENCEI regret i am unable to furnish any estimate of farming profits by reference to Income Tax statistics. In the case of assessments under Schedule B the assessment is not related to the actual profit made, but is on the conventional basis of the annual value of the land and in the case of assessments under Schedule D, which are related to the profit actually made, no separate statistics are collected. I have no information as to the amount of capital invested.