§ Sir W. J0YNS0N-HICKSasked the Chancellor of the Exchequer the quantity of petrol on which duty has been paid during the year ended 31st March, 1920, tabulating for each month of that period the quantity on which full duty has been paid and the quantity on which the usual rebate has been allowed?
Mr. CHAMBERLAINThe information that the hon. Member requires is as follows:—
whose total incomes fall within the limits specified in the question will, as a class, pay substantially less in Income Tax under the Budget proposals than they would have had to pay under the law previously in force, and, as is shown by the graphs reproduced in House of Commons Paper No. 71, the effective rate of tax under the new scheme rises by an even progression between the two limits. I may add that the relief given under the Budget proposals to persons having incomes between £600 and £2,000 per annum is no less than £3,500,000. There 2091W are, of course, individual cases in which the liability will be greater under the new scheme. Those cases arise from two causes—heavier charge thrown upon unmarried persons above £300 per annum, and the smoothing of the jumps in the old scale.