HC Deb 14 February 1911 vol 21 c1009W
Colonel YATE

asked the Chancellor of the Exchequer whether, in the event of the income of any individual, owing to a permanent diminution of such income, being under £5,000 since April, 1909, from which date Super-tax is imposed, such individual would be liable to pay Super-tax because his income happened to be over £5,000 for the year immediately preceding the imposition of the Super-tax?


Liability to Supertax is in all cases required to be based upon the statutory income for the year preceding the year of charge.