HC Deb 30 September 1931 vol 257 c346
39. Mr. MACLEAN

asked the Chancellor of the Exchequer whether he can state the saving which will be effected by his proposed reduction in expenditure on land valuation during its initial stages?

Major ELLIOT

The estimated expenditure of the Inland Revenue Department for the current year in connection with the valuation under Part III of the Finance Act, 1931, was £290,000. It is proposed to reduce this by about £150,000.

Mr. MARJORIBANKS

Would it not be better if this expenditure was completely wiped out?

Mr. ARTHUR MICHAEL SAMUEL

Will it not be complete waste of money to make a valuation of land before the currency is stabilized?

Mr. MACLEAN

Are we to take it then that the Government are going practically to put an end to the entire work of this Department so that taxation cannot be imposed next year?