Clause 1. — ;(Charge of Income Tax for 1955–56 and Surtax Rates for 1954–55.)

Part of Orders of the Day — Finance Bill – in the House of Commons at 12:00 am on 27th April 1955.

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Photo of Mr Douglas Jay Mr Douglas Jay , Battersea North 12:00 am, 27th April 1955

The right hon. Gentleman told us that 2,400,000 people would be exempted by the Budget from paying Income Tax. Does that take account of the rise in wages and salaries that is going on, or is it merely the number who would be exempted if there were no rise?