HC Deb 26 May 1919 vol 116 cc842-3W
Sir RICHARD WINFREY

asked the Chancellor of the Exchequer what is the 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. CHAMBERLAIN

The 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