HC Deb 27 November 1922 vol 159 cc299-300W
Mr. BARKER

asked the Chancellor of the Exchequer the purpose for which Income Tax, Schedule A, Form No. 9D. is issued; if the particulars asked for in this form are not obtained or can be obtained on Form No. 12, Schedule E; the number issued of Form 9D, and the cost of printing and distributing these forms: and what is the amount of increase in revenue he expects to obtain for this expenditure?

Mr. BALDWIN

A general re-assessment of the value of lands and buildings for purposes of Income Tax, Schedule A, for the year 1923–4, is now proceeding, and the issue of the Form 9D is one of the necessary preliminaries to this task Form 12, to which the hon. Member refers, would not elicit all the necessary information, nor is it issued to more than a small fraction of the whole number of property owners. I cannot separately estimate the cost of small parts of the work of re-assessment. Its total result will be an increase of revenue at a rate approximately of £7,500,000 per annum.