HC Deb 01 May 1913 vol 52 c1387W
Mr. CHIOZZA MONEY

asked the Chancellor of the Exchequer if, in view of his statement that heavy arrears of Super-tax have been collected, the Inland Revenue authorities are still of the opinion they expressed through him on the 24th May, 1911, that the assessment of £130,000,000 to Super-tax in 1909–10 was a complete assessment; and what is now the estimated assessment to Super-tax for that particular financial year?

Mr. LLOYD GEORGE

The assessment of £130,000,000 was, as I stated in reply to my hon. Friend on the 4th July, 1911, subject to further and additional assessments to be made under the provisions of Section 72 (7) of the Finance (1909–10) Act, 1910. These additions have brought the income assessed to Super-tax for the year 1909–10 to approximately £140,000,000.

Mr. CHIOZZA MONEY

asked the Chancellor of the Exchequer if he will state what is the estimated yield of Super-tax for the financial year 1913–14; and from what number of Super-tax payers it is estimated that it will be collected?

Mr. LLOYD GEORGE

The estimated ultimate yield of Super-tax assessments for the year 1913–14 is £2,800,000, collectable from about 11,500 persons.