§ Mr. Ridleyasked the Chancellor of the Exchequer how much extra Income Tax is paid by a married farmer with two children whose income is £1,000 per annum, who buys a tractor worth £1,000, as a result of the change in allowances.
§ Mr. MacDermotIn the year which he first received allowances for the tractor, such a farmer would pay no Income Tax either before or after the proposed changes, assuming that at least one of his children is over 11 years old and that the figure of £1,000 represents his income before deducting any allow340W ances for the tractor. Under the Agriculture Bill now before Parliament, it is proposed that he will receive a grant of £100 towards the cost of the tractor.