BUDGET PENALTIES.
MI-JEOWNERS' PROTESTS. CONFISCATORY PROPOSALS. LONDON, July 7. A conference, of estate agents, mining engineers, and solicitors, representing the bulk of the Yorkshire and Midland coalfields, held at Sheffield, resolved that the penalties imposed by the Budget on the holding of land containing minerals are excessive, and that the Einnnce Bill is despotic in not allowing an unrestricted right of appeal. Lord Avebury. in a letter to the "Times," affirms that Mr Lloyd George's figures show nothing in the State national finances requiring or justifying so fundamental and revolutionary a change in the system of taxation. Moreover, he says, the proposals in some cases are not taxation, but confiscation. APPEALS FROM ASSESSMENTS.
LONDON, July 7. During the. Budget debate, Mr Lloyd George (Chancellor of the Exchequer), in response to a strong recommendation from both sides of the House, promised to introduce a clause allowing appeals from the decision of the commissioner regarding assessments for the purposes of the increment tax.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19090708.2.48
Bibliographic details
Auckland Star, Volume XL, Issue 161, 8 July 1909, Page 5
Word Count
161BUDGET PENALTIES. Auckland Star, Volume XL, Issue 161, 8 July 1909, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in