Wage Earners (Income Tax).

Oral Answers to Questions — National Finance. – in the House of Commons on 12th March 1942.

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Photo of Sir Smedley Crooke Sir Smedley Crooke , Birmingham Deritend

asked the Chancellor of the Exchequer whether his attention has been drawn to the scheme for solving some of the present difficulties arising from the complicated form of Income Tax paid by wage-earners, of which particulars have been supplied to him; and whether, in view of the fact that the proposed scheme is intended to adjust present difficulties, and enables the wage-earner to pay Income Tax on current earnings, resulting in no loss to the Treasury, he will consider the scheme with a view to adopting some of its features in the forthcoming Finance Bill?

Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

The whole subject of the deduction of Income Tax from wages is being examined, and various suggestions, including the one referred to by my hon. Friend, are receiving careful consideration. I cannot, however, anticipate my Budget statement on this matter.

Photo of Sir Smedley Crooke Sir Smedley Crooke , Birmingham Deritend

Will my right hon. Friend consider the advisability of issuing cards or vouchers to these taxpayers, either monthly or quarterly, stating exactly the amount credited to them for post-war distribution?

Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

That is a matter that is being examined.

Photo of Sir Smedley Crooke Sir Smedley Crooke , Birmingham Deritend

Is my right hon. Friend aware that the issue of something of the kind would remove present doubts and misgivings?

Photo of Sir Patrick Hannon Sir Patrick Hannon , Birmingham Moseley

Surely there is some document which must be given to a man to enable him to know what will stand to his credit when the war is over?

Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

That is another matter.

Photo of Mr Richard Stokes Mr Richard Stokes , Ipswich

Is the right hon. Gentleman aware of the stimulating effect it would have on people if he announced that there will be a change in the incidence of Income Tax on weekly wages to be collected out of earnings?

Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

I could make a change with regard to other sections of the community, no doubt.