§ Flight-Lieutenant Teelingasked the Chancellor of the Exchequer whether, in order to avoid profiteering in the letting of houses, he will introduce legislation to ensure that the difference between the rent charged in August, 1939, and the present rent demanded, after allowances for dilapidations, etc., shall be calculated as unearned income.
§ Mr. DaltonUnder the existing law, rent derived from the letting of houses ranks in general as unearned income for Income Tax purposes.