§ Mr. Janner
asked the Chancellor of the Exchequer whether, in considering his coming Budget, he will consider lowering the Income Tax paid by the lower income groups of employees, in view of the larger contribution which they will have to pay in July in respect of National Insurance.
§ Sir S. Cripps
I would remind my hon. Friend that under Section 27 of the Finance Act, 1946, the larger contribution to which he refers will be allowed as a deduction in arriving at the assessable earnings.