§ Sir EDWARD SASSOONasked the 'Chancellor of the Exchequer whether he would state the amount of Income Tax received during the financial year now closed on profits and incomes resulting from investments abroad; the amounts on which the tax was paid, discriminating between those earned in foreign countries and those from British possessions; and whether there has been any increase or decrease as compared with the figures of the previous year.
§ Mr. LLOYD-GEORGENo figures are yet available for the year 1908–9, but the table printed below gives for the years 1906–7 and 1907–8 such statistics bearing on the hon. Baronet's question as are within the cognisance of the Board of Inland Revenue. I may at the same time refer him to the explanatory statement relating to income from abroad which appears at pages 182 and 183 of the 51st Report of the Commissioners of Inland Revenue:—
Gross Income 1906–1907. Assessed. 1907–1908. £ £ 1. Indian Government Stocks, Loans and Guaranteed Railways 8,768,237 8,925,692 2. Colonial Government Securities 13,932,722 13,824,761 3. Foreign Government Securities 8,338,124 9,589,863 4. Colonial or Foreign Securities (other than Government Securities) and Possessions, "Coupons," and Railways out of the United Kingdom other than those included above (1) 48,621,033 50,935,927 Total £79,560,116 £83,276,243