§ Mr. BRIDGEMAN
asked the Chancellor of the Exchequer if Income Tax collectors have received authority to allow the deduction of 2½ per cent. on Income Tax paid before 1st January, in accordance with his statements made in the House of Commons on 2nd and 3rd March, 1910; and whether the deduction allowed is 2½ per cent. of the total tax?
§ Mr. HOBHOUSE
Income Tax collectors have authority, under Section 141 of the Income Tax Act, 1842, as amended by Section 10 of the Revenue Act, 1889, to allow discount at 2½ per cent. per annum to persons paying the tax in advance.