§ Sir W. PEARCE
asked the Financial Secretary to the Treasury if it is possible
Year ended 31st March. Gross income brought under the review of the Inland Revenue Department. Deductions (necessary to reduce the gross income to the actual income liable to tax) for exemptions, repairs to property, wear and tear of machinery, overcharges in assessment, etc. Actual income liable to tax before deduction of personal or family allowances and reliefs. £ £ £ 1913 … … 1,111,456,413 204,304,600 907,151,813 1914 … … 1,167,184,229 216,143,742 951,040,487 1915 … … 1,238,313,397 253,116,796 985,196,601 1916 … … 1,322,684,843 272,790,805 1,049,894,038 1917 … … 1,662,724,028 289,272,246 1,373,451,782 1918 … … 1,967,065,911 336,338,827 1,630,727,084 1919 … … 2,445,655,311 374,083,515 2,071,571,796
§ Lieut-Colonel HURST
asked the Chancellor of the Exchequer whether his attention has been drawn to the fact that Income Tax has now to be paid on incomes of over £500 at the rate of 3s. in the £ on the proportion of the first £500 upon which Income Tax is payable after deductions, if any, and 6s. in the £ on the balance over and above £500; and whether, in view of the fact that1328W
to exempt charitable allowances made to persons of 70 years of age from deduction or disqualification of old age pension?
I would refer the hon. Member to the replies given by my right hon. Friend to the hon. Member for the Bedwelty Division (Mr. Charles Edwards) on the 23rd February and to the hon. and gallant Member for the Buckingham Division (Captain Bowyer) on the 21st February. The enjoyment of free maintenance from relatives does not prevent the recipient from obtaining an Old Age Pension unless the maintenance (with the other means, if any), is of such value as to exceed the statutory limit for pension.