HC Deb 19 May 1927 vol 206 cc1400-1W

asked the Chancellor of the Exchequer what was the yield of Income Tax under Schedule D during each of the years 1925–26 and 1926–27; and what is the estimated yield of Income Tax under the same Schedule for the current year?


As the personal allowances, deductions and reliefs that constitute the graduation and differentiation of the Income Tax are related, not to the various sources of income, but to the total income of the taxpayer, the annual yield of the tax cannot be divided between the different Schedules of the Income Tax Acts.