§ Sir J. Wardlaw-Milneasked the Chancellor of the Exchequer whether, in view of the fact that the payment of an annuity represents not interest alone, but partly a refund of principal, he will consider confining taxation on annuities in future to such a portion as represents the interest payment?
§ Sir K, WoodI fear I could not see my way to introduce legislation at the present time with regard to the taxation of annuities.