§ 69. Lieut.-Commander Fletcherasked the Chancellor of the Exchequer under what authority the Commissioners of Income Tax compromise or remit claims for Income Tax?
Mr. ChamberlainI am advised that the exercise by the Commissioners of Inland Revenue of a power of remission in cases where it is found in the course of collection that payment of the full claim cannot be obtained or cannot reasonably be enforced is inherent in the general powers vested in the Commissioners for the care and management of the revenue. In this connection I would refer the hon. and gallant Member to Section 57 of the Income Tax Act, 1918, and Section 1 of the Inland Revenue Regulation Act, 189o. I may remind him that all remissions of taxation are reported annually to the Comptroller and Auditor-General for the information of the Public Accounts Committee.