§ Mr. Iorwerth Thomasasked the Chancellor of the Exchequer whether rating returns made to the valuation office of the Inland Revenue are made available to inspectors of taxes for the purpose of Income Tax under Case VIII of Schedule D.
§ Mr. CallaghanYes. In order to avoid separate requests for the same information from two branches of the Inland Revenue, the Board of inland Revenue has arranged for returns of rent, etc., furnished to its valuation officers for rating purposes to be made available to Inspectors of Taxes for the purposes of Case VIII of Schedule D. Particulars delivered to the Inland Revenue under Section 28 of the Finance Act, 1931, of instruments transferring an estate or interest in land are also made available to Inspectors of Taxes.