asked the Chancellor of the Exchequer the amount of Excess Profits Duty arrears outstanding at the end of the last quarter, and what proportion he regards as collectable; and whether he can state the amount of arrears of Income Tax at the same date?

The approximate amount of Excess Profits Duty (including Munitions Levy) in assessment, but unpaid at the 30th September, 1922, was £266,000,000. While it is certain that large sums included in this figure will be written off as a result of appeals or otherwise, I do not feel justified at the moment in attempting to forecast the amount of duty which will ultimately be received by the Exchequer. The approximate amount of Income Tax estimated to be due to be paid, but not paid by the same date, is £36,000,000.