Oral Answers to Questions — National Finance. – in the House of Commons at on 7 February 1929.
Mr John Wardlaw-Milne
, Kidderminster
asked the Chancellor of the exchequer whether there is any information available at the Treasury to show the number of British subjects who are not permanent residents of other parts of the Empire but who live abroad, either ashore or afloat, and not being liable to British Income Tax contribute nothing directly to the revenues of this country?
Mr Winston Churchill
, Epping
I regret that this information is not available.
Mr John Wardlaw-Milne
, Kidderminster
Is it possible to ascertain the number of persons by means of the figures of passports issued?
Mr Winston Churchill
, Epping
I doubt whether that would be a complete guide.
Mr Horace Crawfurd
, Walthamstow West
Would it not be possible in connection with the next Census to arrive at some figure of those who habitually spend six or seven months abroad?
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.