HC Deb 18 March 1958 vol 584 c1086
44. Mr. Page

asked the Chancellor of the Exchequer what he estimates will be the revenue for the current fiscal year derived from Income Tax, Schedule A, payable by owner-occupiers of residential property.

Mr. Amory

About £34 million.

Mr. Page

When formulating his Budget proposals, will my right hon. Friend bear in mind that this annual capital tax is a deterrent to house ownership and ought to be abolished?

Mr. Amory

I shall certainly take into account what my hon. Friend has said.