Part of Oral Answers to Questions — National Finance – in the House of Commons am 12:00 am ar 25 Tachwedd 1958.
Mr John Barter
, Ealing North
12:00,
25 Tachwedd 1958
asked the Chancellor of the exchequer what is his estimate of the number of claims received in each of the last ten years from owner-occupiers of residential property for relief from Income Tax, Schedule A, in respect of the cost of maintaining their premises, and the number in each year which have resulted in some relief being given.
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.