HC Deb 19 April 1932 vol 264 c1451

Resolved, That—

  1. (a) Where a person has ceased to bold any office or employment and any pension or annual payment is paid to him, or to his widow or child, or to any relative or dependant of his, by the person under whom he held the office, or by whom be was employed, or by the successor of the last mentioned person, then, notwithstanding that the pension or payment is paid voluntarily or is capable of being discontinued, it shall be deemed to be income for the purposes of assessment of income tax and shall be assessed and charged accordingly;
  2. (b) For removal of doubts it is expedient to declare that the words 'annuity' and 'pension' in the charging provision of Schedule E to the Income Act, 1918, and in Sub-section (1) of Section seventeen of the Finance Act, 1923, include respectively an annuity and a pension which is paid voluntarily or is capable of being discontinued.
And it is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act, 1913.

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