HC Deb 23 June 1921 vol 143 cc1587-8W

asked the Chancellor of the Exchequer whether arrangements can be made with the Bank of England whereby holders of the following stock, namely, Five per cent. National War Bonds, maturing in the successive years 1922 to 1928, and Five per cent. National War Loan, 1929 to 1947, can have their Income Tax deducted at the source and not, as at present, after the whole dividend has been credited to such holders?


I would refer the hon. Member to the provisions of Section 20 of the Finance Bill now before the House, under which power is sought to make the arrangements for deduction of Income Tax at the source, which he desires.