Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 5 August 1947.
Mr John Leslie
, Sedgefield
12:00,
5 August 1947
asked the Chancellor of the exchequer whether his attention has been called to the anomaly created and the hardships imposed upon a soldier, unable to get barrack accommodation, who has to pay Income Tax on the lodging allowance of 2s. 6d. a day; and if he will consider making some allowance to mitigate what soldiers consider to be a decided grievance.
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.
