HC Deb 29 March 1926 vol 193 c1679W
Colonel DAY

asked the Chancellor of the Exchequer whether, seeing that the aggregate income assessed to Income Tax in 1923–24 was 13 per cent. less than in 1920–21, while the aggregate income of such wage earners as are liable to Income Tax was over 55 per cent. less in 1923–24 than in 1920–21, and that this tendency to disparity is increasing, he will consider making further remissions in the Income Tax of persons with small earned incomes?

Mr. McNEILL

I must ask the hon. Member to await the Budget statement.

Mr. RAMSDEN

asked the Financial Secretary to the Treasury the amount of Income Tax collected during the last financial year on the profits of foreign goods sold in this country?

Mr. McNEILL

I am afraid there are no statistics in existence enabling me to give the information for which my hon. Friend asks.