HC Deb 21 January 1947 vol 432 c3W
Sir W. Smithers

asked the Chancellor of the Exchequer (1) if, to remedy the injustice done to Schedule D taxpayers, he will consider the institution of a modified form of Pay As You Earn, whereby the instalment of tax becoming due on 1st July, 1947, shall be regarded as a payment on account of the 1947–48 liability, and cancel six-twelfths of the 1946–47 liability of such taxpayers;

(2) if he will arrange for deferred credit certificates of seven-twelfths of the Income Tax liability 1943–44, payable on death or retirement, to be issued to taxpayers in respect of all earnings and profits assessed for that year under Schedule D and so give to them an equivalent benefit to that conferred on Schedule E taxpayers when Pay As You Earn was instituted;

(3) if he will take steps to remedy the injustice created by granting to taxpayers under Schedule E a cancellation of 7/12ths of their liability for 1943–44, whereas taxpayers who were assessed under Schedule D or who were civil servants received no such benefit.

Mr. Dalton

No, Sir. There is no injustice, as I explained to the hon. Member in reply to his Question on 26th November last.