Oral Answers to Questions — Coal Industry. – in the House of Commons at on 29 May 1924.
Mr Tom Smith
, Pontefract
asked the Chancellor of the Exchequer the number of owners
| — | Royalties of Coal in the County of York, assessed to Mineral Rights Duty, up to 28th May, 1924. | ||
| Estimated Number of Royalty Owners. | Estimated aggregate Royalties, before deduction of Income Tax. | ||
| Year 1922–23: | £ | ||
| Owners in receipt of less than £3,000 | … | 703 | 255,300 |
| Owners in receipt of £3,000 or more | … | 49 | 447,000 |
| Total | … | 752 | 702,300 |
| Year 1923–24: | … | ||
| Owners in receipt of less than £3,000 | … | 644 | 230,900 |
| Owners in receipt of £3,000 or more | … | 61 | 577,300 |
| Total | … | 705 | 808,200 |
| The term "royalty" includes the gross rental value of coal assessed to Mineral Rights Duty on working proprietors. |
Mr Lawrence Lumley
, Kingston upon Hull East
asked the Chancellor of the Exchequer the total amount received in Income Tax and Super-tax from the owners of coal royalties in the County of York for the years 1922–23 and 1923–24, respectively?
Mr Philip Snowden
, Colne Valley
I regret that it is not possible to earmark any part of the produce of the Income Tax as contributed by any particular source of income. The amount of Income Tax and Super-tax borne by any individual depends, not upon the particular sources from which his income is derived, but upon his total income, his family responsibilities and other factors.
