I propose to explain the two Resolutions together, as they are interdependent. As Deputies are aware, I announced on the Second Reading of the Finance Bill that I proposed to move to postpone the charge of excess surtax so as to make it applicable to the year 1941-42, payable 1st January, 1943, instead of to 1940-41, payable 1st January, 1942. The change is, of course, a concession, but for technical reasons arising out of standard orders, it is necessary to have a fresh Resolution. That Resolution is Additional Financial Resolution No. 3. The postponement of the charge to excess surtax also gives rise to the necessity for Additional Financial Resolution No. 2. The original Financial Resolution provided, as does also Section 1 of the Bill, as it stands at present, for a charge of surtax for 1941-42, but as surtax for that year is not payable until 1st January, 1943, and will, therefore, not affect the revenue of the current financial year, the Bill as it stands at the moment leaves the ordinary surtax rates for 1941-42 to be fixed next year. Since, however, we are now arranging to fix a rate of excess surtax for 1941-42, and the rate charged will in most cases, as provided by Section 9 (b) of the Bill, be affected by the rate of ordinary surtax chargeable, it becomes desirable to fix the rates of ordinary surtax for the same year, and I propose that they should be the same as those for 1940-41, that is, the rates at present in force.
