§ Mr. Willinkasked the Chancellor of the Exchequer what would be the loss to the Exchequer if all local authorities were relieved from chargeability to Income Tax and were required to account only for tax deducted by them at the source, namely, from yearly interest, annuities and other annual payments?
§ Sir K. WoodI regret I am not able to furnish the estimate desired by my hon. and learned Friend.