HC Deb 20 April 1948 vol 449 cc123-4W
64. Colonel Crosthwaite-Eyre

asked the Chancellor of the Exchequer if he will give an assurance that where, through nationalisation, the incomes and capital of individuals have suffered, an individual making any contribution under the Special Contribution will be allowed to deduct from the total to be paid both loss of interest and capital.

Sir S. Cripps

No.

66. Sir J. Mellor

asked the Chancellor of the Exchequer whether payments already made on account of the Special Contribution carry discount at the rate of 2 per cent. net per annum calculated from the date of payment to 1st January, 1949.

Sir S. Cripps

Yes; that is what I proposed in my Budget and the Finance Bill will so provide.

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