HC Deb 10 March 1915 vol 70 c1445W

asked the Chancellor of the Exchequer if he can state the latest available estimate of British capital invested abroad and of income of foreign origin; and will he say how much income of foreign origin is disclosed by the Income Tax returns, and how much is assumed from other sources of information?


No official information with regard to the first part, of the question is available, but good authorities have estimated that the total British capital invested abroad amounts to £4,000,000,000 and that the income from interest on Colonial and foreign investments amounts to £200,000,000. As regards the second part of the question, I would refer the hon. Member to the information contained in pages 119–121 of the Report of the Commissioners of Inland Revenue for the year ended 31st March last (Cd. 7572).