Mr. TERRELLasked the Chancellor of the Exchequer whether he is aware that, in view of the great depression in trade, the continuance of the three years' average in connection with Income Tax will, in many cases, operate very oppressively; and whether he is therefore prepared, in the next Budget, to adopt the recommendations of the recent Royal Commission and levy Income Tax on each year's profits instead of on the average?
§ Mr. G. BARKERasked the Chancellor of the Exchequer, in view of the fact that he has decided to repeal the Excess Profits Duty, if he will also repeal the tax on earned incomes below £500 per annum, so that earners of small incomes may be afforded some relief from the present direct and indirect taxation?
Mr. CHAMBERLAINI am not able to adopt this suggestion.
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§ Mr. J. DAVISONasked the Chancellor of the Exchequer whether a person paying income tax is entitled to any rebate if he marries during any period of the financial year; and, if not, whether he can take any steps to remove this anomaly?
Mr. CHAMBERLAINA taxpayer marrying in the course of the Income Tax year of assessment is entitled to claim for that year the increased personal allowance of £225 applicable in the case of a married man.