§ Mr. FELLasked the Chancellor of the Exchequer how much money has been paid into the Bank of England by other banks on account of Income Tax deducted from dividends, and which has not been paid over to the Government account; the reason why such money has not been paid 1778W to the Government account; and when the Government proposes to instruct their bankers to place this money to their credit?
§ Mr. LLOYD-GEORGEIt is not possible to say how much money has been paid into the Bank of England by other banks on account of Income Tax deducted from dividends, since the amounts paid in by banks are not accompanied by particulars indicating the source from which they are derived. All amounts paid into the Bank of England by other banks on account of revenue are placed forthwith to the credit of the Government.
§ Mr. FELLasked the Chancellor of the Exchequer whether the collectors of Income Tax are paid for their services by commission on the Income Tax collected; and, if so, will he state how they are being paid at the present time, and if he proposes to compensate them for the losses they are sustaining owing to the non-collection of the tax?
§ Mr. LLOYD-GEORGEThe answer to the first part of the question is in the negative. The second part does not, therefore, arise.
§ Mr. HUGH BARRIEasked the Chancellor of the Exchequer whether the expected amounts deducted as Income Tax on dividends by banks and joint stock companies have been in the ordinary course paid in to the Treasury; and, if not, what is the amount of Income Tax calculated as remaining in the hands of bankers and joint stock companies at date?
§ Mr. LLOYD-GEORGEI am unable to give the information for which the hon. Member asks.
§ Mr. HUGH BARRIEasked the Chancellor of the Exchequer what are average number of claims for repayment of Income Tax annually received for England, Scotland, and Ireland; and will such claims be barred where the tax on individuals has been deducted by bankers and joint stock companies, but has not been paid in by them to the Treasury by the 31st instant?
§ Mr. LLOYD-GEORGEThe average number of Income Tax repayment claims received in the two years 1907 and 1908 approximates for the three countries to 600,000. The point mentioned in the latter part of the question is receiving my consideration.