– in the House of Commons am ar 2 Gorffennaf 1925.
Sir Patrick Hannon
, Birmingham Moseley
asked the Chancellor of the exchequer the subdivision of gross and actual income brought under review under Schedule D of the Income Tax Act for the years 1922–23 and 1924–25, under the various headings recognised by the Commissioners of Inland Revenue?
The FINANCIAL SECRETARY to the TREASURY (Mr. Guinness):
I would refer the hon. Member, as regards the year 1922–23, to the details contained in Table 66 of the 67th Report of the Commissioners of Inland Revenue (Command Paper 2227), and the paragraph which precedes it. I regret that corresponding information in respect of the year 1924–25 is not yet available.
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.
