§ Sir JOHN HARMOOD-BANNER
asked the Chancellor of the Exchequer what is the number of weekly wage-earners and the total amount received for Income Tax collectible under Sub-section (3) of Section 28 of the Finance (No. 2) Act, 1915?
§ Mr. McKENNA
The provision under which weekly wage-earners subject to quarterly assessment are assessable to Income Tax on the basis of their actual earnings each quarter only comes into operation for the quarter concluding 5th July, 1916, before which date the statutory returns by employers obviously cannot even begin to reach the Revenue authorities. I will endeavour to give some information before the House rises on the subject of the number of weekly wage-earners who are found to have been in receipt for that quarter of wages exceeding £2 10s. a week.