§ 49. Sir A. POWNALLasked the Chancellor of the Exchequer if he can say what was the amount of arrears of Income Tax and Surtax, respectively, on lat April, 1931, and 1st April, 1932?
§ Major ELLIOTThe only estimate available of the Income Tax in arrear at the beginning of a financial year is the amount of tax then outstanding that will be collected during the financial year and on the 1st April, 1931, the amount is estimated to have been £26,000,000. The amount of Surtax outstanding on 1st April, 1931, that would ultimately prove to be collectible is estimated to have been £18,500,000. I am not yet in a position to furnish the corresponding estimates for the 1st April, 1932.
§ Sir A. POWNALLCan the right hon. Gentleman say when he will be in a position to give the figures in regard to 1932?
§ Major ELLIOTI do not anticipate that it will be possible to give the figures before the Budget.
§ Mr. HANNONIs the Treasury taking active steps to recover these outstanding amounts?
§ Major ELLIOTOh, yes. I can assure my hon. Friend on that point.