HC Deb 02 February 1961 vol 633 cc144-5W
57. Mr. Nabarro

asked the Chancellor of the Exchequer to what extent he estimates that rating revaluation of domestic hereditaments will influence and affect assessments of such domestic hereditaments for purposes of Income Tax Schedule A; and whether he will make a statement.

Sir E. Boyle

A revaluation for Income Tax Schedule A would require legislation in a Finance Bill. In the absence of such legislation, rating revaluation will not affect Schedule A assessments on houses or other kinds of property.

58. Mr. Nabarro

asked the Chancellor of the Exchequer whether he is aware than an unoccupied dwelling house, privately owned, is derated for the period of emptiness, whereas no such provision is applicable to Income Tax Schedule A liability; and what steps he proposes to put Schedule A Income Tax on a similar basis to that of the local rates.

Sir E. Boyle

Section 107 of the Income Tax Act, 1952, already gives relief from tax under Schedule A in these circumstances, except in so far as rent under a short lease is payable during the period while the house is unoccupied.

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