HC Deb 30 July 1930 vol 242 c523W
Mr. W. MORRISON

asked the Chancellor of the Exchequer whether any decision has yet been arrived at with regard to charging with Income Tax the surpluses of members of friendly societies which are accumulated in accordance with Section 42 of the Friendly Societies Act, 1896; whether any change is proposed in this respect from the attitude hitherto adopted by the Board of Inland Revenue; and, if so, to what considerations this change is due?

Mr. PETHICK-LAWRENCE

The matter in question, which is one of some difficulty, is still being examined. The hon. Member may feel assured that a decision will be come to as soon as possible.