HC Deb 04 July 1911 vol 27 cc1101-3W
Mr. CHIOZZA MONEY

asked the Chancellor of the Exchequer, with reference to the official statement that the assessment

of only £130,000,000 to Super-tax in 1909– 10 is not to be attributed to incompleteness of assessment, if he will state if the Super-tax assessments have not yet been investigated; and, if so, how the Inland Revenue authorities can decide that the Super-tax assessments of 1909–10 are complete?

Mr. LLOYD GEORGE

The reply to my hon. Friend's question is that under the Finance (1909–10) Act, 1910, all assessments are made subject to the provisions of Section 72 (7), which authorises the making of additional or amended assessments, where necessary, within three years after the expiration of the year of assessment.

Mr. CHIOZZA MONEY

asked the Chancellor of the Exchequer if he will explain whether the £130,000,000 stated to be the sum assessed to Super-tax in 1909–10 is the

total aggregate income of the Super-tax payers, or that aggregate less the £3,000 per taypayer not taxed under the Super-tax provisions?

Mr. LLOYD GEORGE

The figure represents the total aggregate income before the deduction of the £3,000 abatements.