– in the House of Commons am ar 6 Rhagfyr 1926.
Mr Herbert Williams
, Reading
asked the Chancellor of the Exchequer if he can state the unpaid arrears of Corporation Profits Tax now outstanding?
Mr Ronald McNeill
, Canterbury
The approximate amount of Corporation Profits Tax in assessment but unpaid at 30th November, 1926, was £10,500,000. These arrears are in many cases subject to reduction on appeal or otherwise, and represent, therefore, a higher figure than will ultimately be collected.
Colonel Herbert Woodcock
, Liverpool Everton
Can the right hon. Gentleman say what amount of this £10,500,000 the Treasury anticipate they will get?
Mr Ronald McNeill
, Canterbury
No, Sir; I cannot say that.
