Oral Answers to Questions — Government Directorships.

– in the House of Commons on 1st October 1931.

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Photo of Mr Carlyon Bellairs Mr Carlyon Bellairs , Maidstone

47.

asked the Prime Minister whether, in the case of appointments to directorships of companies by the Government or subject to the approval of the Government, it will be made a condition of the appointment that the recipient shall be subject to Income Tax as one domiciled in Great Britain?

Photo of Mr Ramsay Macdonald Mr Ramsay Macdonald , Seaham

As at present advised, I see no sufficient reason to adopt this suggestion, which might in- volve an alteration of the Income Tax law. The general position is that membership of a board of directors which meets in this country entails liability to Income Tax in respect of the remuneration of the individual directors.

Photo of Mr Carlyon Bellairs Mr Carlyon Bellairs , Maidstone

48.

asked the Prime Minister whether consideration will be given to making all appointments by the Government to directorships of companies uniform with the plan only adopted at present in Home-grown Sugar, Limited, by which the director surrenders all his fees in return for a fixed payment?

Photo of Mr Ramsay Macdonald Mr Ramsay Macdonald , Seaham

The hon. and gallant Member's suggestion will be duly borne in mind as occasion may require, but I do not think it would be desirable to lay down any uniform rule on the subject.