HC Deb 23 April 1934 vol 288 c1382
53. Mr. TINKER

asked the Financial Secretary to the Treasury if he will give the percentage of direct and indirect taxation that will obtain when the reduction of 6d. on the Income Tax becomes effective?

Mr. HORE-BELISHA

If the proposals in the Budget become law, the percentages of the estimated tax revenue in the current year are: from direct taxation, 58.8; from indirect taxation, 41.2.