§ Mr. W. Clarkasked the Chancellor of the Exchequer what the cost would be to the national Revenue if the statutory repairs allowance were doubled for all owner-occupied residential property.
§ Sir E. BoyleAbout £13 million.
§ Mr. W. Clarkasked the Chancellor of the Exchequer what the cost would be to the national Revenue if the first £15 of net annual value on owner-occupied residential property were exempt from taxation.
§ Sir E. BoyleIn the region of £20 to £25 million.
§ Mr. W. Clarkasked the Chancellor of the Exchequer what was the total product to the national Revenue of Schedule A tax in 1959–60 from owner-occupiers, other rented private property, and commercial and industrial property, respectively.
§ Sir E. BoyleTable 33 of the 103rd Report of the Board of Inland Revenue shows that the net produce of assessments under Schedule A made in 1958–59 was £103 million. This figure cannot be split between owner-occupiers, rents from private property, and commercial and industrial property. The figure for 1959–60 is not yet available.