HC Deb 29 February 1912 vol 34 cc1679-80W

asked the Chancellor of the Exchequer whether his attention has been called to the answer given in the House on the 25th February, 1896, by the then Chancellor of the Exchequer to Mr. A. K. Loyd as regards the remission of Income Tax paid under Schedules A and B by farming owners and occupiers who have made no income; whether the instructions are still in force which were issued at that time by the then Chancellor of the Exchequer to the surveyors, namely, that where the claim for remission by an owner farming his own land was confined to the tax paid under Schedules A and B on the property, he would not be required to produce any accounts except the farming accounts of the land in question; whether he is aware that in some cases such instructions are not being complied with by the surveyors; and whether he will give directions that these instructions should be complied with?


Inasmuch as allowances for losses in farming must be set off primarily against income which may have been assessed to Income Tax at the earned income rate, some modification has been necessary of the practice which obtained in the year 1896, when the distinction between earned and unearned income for Income Tax purposes had not yet arisen.