HC Deb 17 March 1911 vol 22 c2676W
Mr. SHERWELL

asked the Chancellor of the Exchequer if an unregistered friendly society, whose income exceeds £160, is required to pay Income Tax on its full income, or is entitled to claim exemption up to the first £160 of its full income?

Mr. LLOYD GEORGE

An unregistered friendly society, whose income exceeds £160 per annum, is not entitled to abatement for the purposes of Income Tax.