asked the Chancellor of the Exchequer whether he is aware of the injury to Christmas trade and business generally, and of the hardship to individual taxpayers, caused by the impending demand in January for the payment of 75 per cent. of Income Tax; and whether he will reconsider his decision and take steps to enable taxpayers to pay the first three-quarters Income Tax in six monthly instalments?
The hon. Member's proposal for spreading the three-quarters instalment of Income Tax could not possibly be considered, for it would completely destroy the balance of this year's Budget. Far from countenancing any delay in payment of the Income Tax such as the hon. Member suggests, I must emphasise the importance of balancing the National Finances, and repeat the appeal that has already been made to taxpayers to help in this respect by making a special effort this year to pay early. As regards cases of hardship, where the taxpayer cannot find immediately the whole sum that is due, I would refer the hon. Member to my reply of the 19th November to the hon. and gallant Member for St. Albans (Lieut.-Colonel Fremantle), in which I explained that in such cases Collectors of Taxes have been authorised to accept a payment on account in January provided the taxpayer undertakes to pay the whole of the balance by the end of the first week in March without further application.
asked the Chancellor of the Exchequer if he is aware that hardship is caused to the practising members of the accountancy profession by ex-officers of the Board of Inland Revenue acting as free Income Tax advisers to the public through certain daily newspapers; and if he will take steps with a view to such practices being discontinued by such persons in receipt of a Government pension?