§ Sir RICHARD WINFREYasked the Chancellor of the Exchequer what is the 843W total amount of Income Tax paid to the Exchequer under the Schedule B assessment for the year ending April, 1919; what was the amount for the three previous years; to what extent have farmers in the last financial year elected to be taxed under Schedule D, and how that compares with the three previous years?
Mr. CHAMBERLAINThe net produce of Income Tax on assessments under Schedule B was as follows:—
Year 1915–16 … £1,989,040 Year 1916–17 … 2,850,121 Year 1917–18 (estimated) … 2,900,000 Year 1918–19 (estimated) … 8,600,000 The numbers of farmers who elected to assessed under Schedule D for the same years are approximately as follows:—
Year 1915–16 … … … 1,259 Year 1916–17 … … … 1,500 Year 1917–18 … … … 1,500 Year 1918–19 … … … 2,700