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BRITISH POLITICS.

FINANCE BILL PASSED. MISUNDERSTANDINGS REMOVED. ,Cy Telegraph—Press essri.—Copyright.) (Australian Press Association). RUGBY, May 5. The Finance Bill, which embodies the annual Budget, was read a third time yesterday in the House of Commons. In the discussion, Mr A. M. Samuel, Financial Secretary to the Treasury, removed misunderstandings in regard to liability to the payment of income-tax. Those" misunderstandings, lie said, might discourage visitors from coming to Britain or cause British citizens serving abroad to think they would he penalised for taking a holiday at home. No person who was not maintaining a residence in Britain was liable to in-come-tax on occasional visits which extended to less than six months in any income-tax year. Even if a person did maintain a residence in Britain bis liability applied only to income received in or brought into Britain. Nor was there any liability on employees of British subjects in India or Ibe Malay states who worked on commission.

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https://paperspast.natlib.govt.nz/newspapers/WT19290507.2.62

Bibliographic details

Waikato Times, Volume 105, Issue 17704, 7 May 1929, Page 7

Word Count
157

BRITISH POLITICS. Waikato Times, Volume 105, Issue 17704, 7 May 1929, Page 7

BRITISH POLITICS. Waikato Times, Volume 105, Issue 17704, 7 May 1929, Page 7

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