Revenue, 1919–20.

Part of Orders of the Day — Finance. – in the House of Commons on 29th October 1919.

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Income Tax is the only other head of Inland Revenue which is not shown as likely to produce an excess over the Budget Estimate. The House will remember that I gave away a good deal of revenue in the Income Tax in the course of the passage of the Budget through the House of Commons, and that accordingly to be able now to look forward to the realisation of the sum which I originally estimated, in spite of these concessions, is to record an increased yield over the Budget estimate.