HC Deb 07 April 1910 vol 16 c757W
Mr. BAIRD

asked the Chancellor of the Exchequer whether he is aware that a public company at Rugby deducted, in August, 1909, and in February, 1910, from the half-yearly dividends which it paid to its shareholders an amount necessary to pay Income Tax at the rate of 1s. 2d. in the pound; that the local collector of taxes states that he has no authority to receive such Income Tax; that consequently none of the amount deducted from the dividends has been paid into the Treasury; and that nevertheless some of the shareholders of the company who are entitled to an abatement have claimed and received from the Claims Department of the Board of Inland Revenue such portion of the amount deducted from their dividends as the abatement entitles them to; and whether he will state the total amount which has been refunded in consequence of similar claims during the financial year 1909–10?

Mr. LLOYD-GEORGE

If the hon. Member will furnish the name and address of the company to which he refers, I shall be happy to inquire into the circumstances of the case, and to arrange for the receipt by the Inland Revenue of duty if tendered. I am unable to give the information asked for in the concluding part of the question.

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