§ Sir HERBERT RAPHAELasked the Chancellor of the Exchequer the number of earned incomes paying Income Tax between £160 and £300; what number of 2145W these are earned by salaried persons and manual labour, respectively; and if the same methods are employed to ascertain wages in manual labour as in the case of salaries?
§ Mr. LLOYD GEORGEIt is estimated that the number of Income Tax payers with total incomes exceeding £160 and not exceeding £300, and either wholly or partly earned, is about 600,000. No definite figures are available, and the Income Tax statistics do not distinguish between the incomes of salaried persons and those of manual workers. Similar methods are employed in ascertaining taxable income in both cases.
§ Mr. C. BATHURSTasked the Chancellor of the Exchequer what are the exact reasons for not now putting agricultural landowners under Schedule D for the purposes of Income Tax; and whether, in view of the consensus of opinion against the perpetuation of low wages and uneconomic cottage rents, he will consider the desirability of ceasing to limit the allowance under Section 69 of the Finance (1909–10) Act, 1010, in respect of expenditure upon the repair and maintenance of rural cottages to those of an annual value not exceeding £8 per annum.
§ Mr. LLOYD GEORGEI fear I cannot undertake to discuss by way of question and answer the objections to the transfer of the assessments on land from Schedule A to Schedule D of the Income Tax. I cannot sec my way to extend the allowance granted by Section 69 of the Finance (1909–10) Act, 1910, to houses of annual value exceeding £8.
§ Sir JOHN SPEARasked the Chancellor of the Exchequer what was the amount of real property and personal, respectively, charged to Income Tax in England and Wales for the last complete year?
§ Mr. LLOYD GEORGEThe gross annual value of the property in England and Wales assessed under Schedule A of the Income Tax Acts was in 1911–12—the latest year for which final figures are available—£235,289,749. There was, in addition, a considerable amount of income from real property included in the assessments of industrial concerns, such as railways, mines, etc., but there is no means of determing what this amounts to. With regard to personal property, the assessments on income derived therefrom cannot, in general, be distinguished from2146W those in respect of the profits of trades, professions or employments. The gross income reviewed in England and Wales for 1911–12 under the Schedules which include income from personal property amounted to £573,645,728.