§ Sir R. Youngasked the Financial Secretary to the Treasury what was the amount refunded to Income Tax payers as post-war credits for each year of the scheme; and what percentage these amounts are to the total amount of the estimated payments still to be made for each year of tax collection.
§ Mr. Glenvil HallThe following table shows the position on 30th September, 1948, the latest date for which detailed information is available:
Year (1) (2) Amount Repaid Approximate amount outstanding Percentage which (1) bears to (2) 1941–42 £m27.6 £m120 23.0 1942–43 30.9 150 20.6 1943–44 12.2 30 40.7 1944–45 27.9 185 15.1 1945–46 26.2 190 13.8 My hon. Friend will find a complete analysis of post-war credit repayments in Table 33 of the 91st Report of the Commissioners of Inland Revenue.