HC Deb 14 March 1912 vol 35 c1398W
Mr. THOMAS RICHARDSON

asked the Chancellor of the Exchequer (1) what is the estimated proportion of the gross income of £269,888,774, shown in Schedule A, Class 1, for the year 1908–9, assessed on coal-mining concerns, and what is the equivalent amount of the net Schedule A assessment; (2) what is the estimated proportion of the gross income of £17,386,798, shown in Schedule B, Class 2, for the year 1908–9, assessed on coal-mining concerns; and what is the equivalent net amount of such assessments; (3) what is the estimated proportion of the gross income of £109,588,057, shown in Schedule E, Class 5, for the year 1908–9, assessed on salaries, etc., of directors of coal-mining concerns; (4) whether any estimate can be given of the amount for other purposes included under directors' fees in coal-mining concerns, Schedule E, Class 5; (5) what is the estimated amount of income received by coal-mining concerns for the year 1908–9 on which tax had been paid before the receipt of such income; (6) whether there are any cases in which the profits of coal mines are included under other heads, apart from the total of £16,614,322, and, in particular, cases where such coal mines are considered to be subsidiary in character to the particular businesses concerned; and, if so, whether the profits of such excluded subsidiary coal mines approximately equal the profits of other subsidiary businesses included under the heading of mines in the total of £16,614,322?

Mr. LLOYD GEORGE

I regret I have no information enabling me to answer these questions, except that I have ascertained that, of the gross income shown in Schedule E, Class 5, £415,403 is assessed on salaries, etc., of directors in coalmining concerns.

Mr. THOMAS RICHARDSON

also asked whether the balance-sheets and full trading and profit and loss accounts of all coal companies are produced to the Inland Revenue authorities for the purposes of Income Tax?

Mr. LLOYD GEORGE

The answer is in the negative.