Part of Oral Answers to Questions — National Finance – in the House of Commons am 12:00 am ar 25 Gorffennaf 1950.
Sir Archer Baldwin
, Leominster
12:00,
25 Gorffennaf 1950
asked the Chancellor of the exchequer whether he is aware that inspectors of taxes are refusing to admit immature animals under the herd basis; and whether he will instruct them to admit them under paragraph 7 (2) (b) of the 10th Schedule of the Finance Act, 1947.
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.
