HC Deb 19 March 1936 vol 310 cc596-7

asked the Chancellor of the Exchequer whether he is aware that young men and women teachers who secured a loan from the education authority 10 meet training college expenses and ate repaying the loan at the rate of £26 per annum, are being charged Income Tax on this sum; and whether he will take steps to secure that allowance is made for this sum seeing that these teachers never actually receive the money?

The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)

A loan granted by an education authority to a teacher in training is not part of the teacher's income and no Income Tax is charged upon it. The repayments of the capital are not deductions which under the general Income Tax law can be allowed in assessing the teacher's income.