§ Mr. CLOUGHasked the Chancellor of the Exchequer if he will state the detail and the total amounts that a tenant-farmer with a wife and three children, and paying £ 500 a year for rent, was assessed for Income Tax under Schedule B by the Finance Acts, 1913, 1914, 1914 (Session 2), 1915, (No. 2) 1915, 1916, and 1917; and the detail and total amounts at which he will be assessed under the Budget proposals for the current year and for 1919–20?
§ Mr. BONAR LAWAssuming that the actual profits are not less than the amounts shown in column 3 (below), and that the taxpayer has no income from any other source, the taxation in the case quoted is as follows:
the occupier of agricultural land of the rental value of £ 500 a year was assessed for Income Tax under Schedules A and B by the Finance Acts, 1913, 1551W 1914,1914 (Session 2), 1915, (No. 2) 1915,1916, and 1917; and the detail and total amounts at which he will be assessed under the Budget proposals for the current year and for 1919–20?
Year Finance Act. Income as Owner.* Assumed Income as Occupier Total assumed Income. Abatement, † Residue of Income charged to Income Tax. Rate of Tax. Amount of Tax payable. (1) (2) (3) (4) (5) (6) (7) (8) (9) £ s. £ s. d. £ s. d. £ £ s. d. s. d. £ s. d. 1913 –14 1913 437 10 166 13 4 604 3 4 70 437 10 0 1 2 29 2 11 96 13 4 0 9 1914 –15 1914 and 1914 (Session 2) 437 10 166 13 4 604 3 4 70 96 10 0 1 8 41 5 10 96 13 4 1 0 1915–16. 1915 and (No. 2)1915 437 10 500 0 0 937 10 0 — 437 10 0 3 0 110 12 6 500 0 0 1 9 3/5 1916–17 1916 437 10 500 0 0 937 10 0 — 437 10 0 3 6 139 1 3 500 0 0 2 6 1917–18 1917 437 10 500 0 0 937 10 0 — 437 10 0 3 6 139 1 3 500 0 0 2 6 1918–19 Proposed 437 10 1,000 0 0 1,437 10 0 — 437 10 0 4 69 285 118 9 1000 0 0 3 9 1919–20 — Same as 1918–19 if circumstances remain unaltered. * The minimum allowance for repairs, etc. (one-eighth of the rental value) has been deducted but, where the eighth has been exceeded, the owner is entitled to a further allowance based upon the actual outlay. † The total income exceeds the limit to which the allowance for children and propose! allowance for wife apply.