§ 57. Mr. Beswickasked the Chancellor of the Exchequer whether Income Tax is charged on moneys received as compensation for loss of office.
§ Sir S. CrippsThe question of liability depends on the facts of the particular case.
§ Mr. BeswickBut a fortnight ago my right hon. and learned Friend said that it depended upon the interpretation of the courts. In view of the fact that on at any rate two occasions the High Court has declared that such moneys do not carry Income Tax, would not my right hon. and learned Friend think it appropriate, in his forthcoming Budget to amend the law in this respect, thus preventing the evasion of payment of tax, which is going on at the present time?
§ Sir S. CrippsI am afraid that I cannot make any statement about what would be appropriate in my forthcoming Budget.