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Income Tax

Volume 155: debated on Monday 26 June 1922

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asked the Financial Secretary to the Treasury whether he is aware that certain directors and officials, formerly interested in and employed by the two breweries which were acquired by the Central Control (Liquor Traffic) Board in the year 1918, have been compelled to pay Income Tax upon the amounts awarded to them as compensation for the loss of their positions in those brewery companies; and whether he will consider whether any concession can be made to them in relief of the hardship involved?

I am aware of the cases to which the hon. and gallant Member refers. The payments in question were, however, specifically made to the officials concerned in respect of their past services, and were accordingly assessed to Income Tax in the normal course.