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BRITISH FINANCE BILL.

THE OVERSEAS CLAUSE.

SATISFACTORY SAFEGUARD.

EXEMPTION FOR VISITORS.

By Telegraph—Press Association— London, July 14. The High Commissioners for Australia and Now Zealand are satisfied with Mr. Lloyd George's assurances that he will amend Clause 5 of the Income Tax Bill so as to exempt colonials not permanently resident in the United Kingdom from taxation, leaving the Income Tax law as affecting them unaltered.

Sir John Simon, Attorney-Gene-ral, in the House of Commons said that the Chancellor had prepared amendments which would vary the effect of Clause 1 and make it clear that only those domiciled in Great Britain were included in tho clause.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19140716.2.70

Bibliographic details

New Zealand Herald, Volume LI, Issue 15662, 16 July 1914, Page 7

Word Count
106

BRITISH FINANCE BILL. New Zealand Herald, Volume LI, Issue 15662, 16 July 1914, Page 7

BRITISH FINANCE BILL. New Zealand Herald, Volume LI, Issue 15662, 16 July 1914, Page 7