§ 10. Mr. Houghtonasked the Chancellor of the Exchequer what proportion of the total charge to Surtax, assessed in the year 1960–61, in respect of total income for the year 1959–60, he estimates will be paid before 31st March, 1961.
§ Mr. Selwyn LloydThe Budget estimate was based on the assumption that about three-quarters of the Surtax for 1959–60 to be assessed in 1960–61 would be paid before 31st March, 1961.
§ 11. Mr. Houghtonasked the Chancellor of the Exchequer whether he will consider giving Surtax payers the option of paying Surtax by deductions along with Pay-As-You-Earn in cases where the Surtax is assessed as to 90 per cent. or more on earned income.
§ Mr. Selwyn LloydI will consider the hon. Member's suggestion when I am reviewing the field of direct taxation before the Budget.