§ Mr. CASSELasked the Chancellor of the Exchequer whether any, and, if so, what part of the sum of £250,000 which it is estimated will be received under Clause 5 of the Finance Bill represents Super-tax in respect of foreign investments?
§ Mr. LLOYD GEORGENo part of the estimate of £250,000 represents Super-tax, inasmuch as assessments to that tax are required to be based upon the statutory income of the preceding year, which would not include any income brought into charge for the first time by Clause 5 of the Finance Bill.