HC Deb 06 August 1942 vol 382 c1220W
Sir G. Jeffreys

asked the Chancellor of the Exchequer whether, prior to his next Budget and with a view to remedial action, he will investigate the position of annuities, in which capital content as well as the income is subject to Income Tax, as, owing to the great increase of Income Tax, holders of such annuities now suffer more severely than other Income Tax payers?

Sir K. Wood

I would refer my hon. and gallant Friend to the answer I gave on 24th March to a Question put by the hon. Member for Kidderminster (Sir J. Wardlaw-Milne).