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Sir Kingsley Wood (1881-1943)

Sir Kingsley Wood (1881-1943)


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Sir Kingsley Wood (1881-1943)

Photograph of Sir Kingsley Wood, the Conservative MP, seen in 1938 - the year that he held the posts of Minister of Health and Secretary of State for Air. As Chancellor of the Exchequer, between 1940 and 1943, he devised the pay-as-you-earn income tax system

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Media ID 4386029

© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10218823

1800 1881 1938 1943 Chancellor Conservative Devised Earn Exchequer Health Held Income Kingsley Minister Posts Secretary System Year


EDITORS COMMENTS
Sir Kingsley Wood (1881-1943): A Pivotal Figure in British Politics and Economic History This evocative photograph captures Sir Kingsley Wood, the Conservative Member of Parliament (MP), in the year 1938. At this time, Wood held two significant posts in the British government: Minister of Health and Secretary of State for Air. His tenure in these roles saw him overseeing critical aspects of national health and defense during a period of increasing political and international tension. However, Wood's most enduring legacy lies in his later service as Chancellor of the Exchequer between 1940 and 1943. During this period, he devised the groundbreaking pay-as-you-earn (PAYE) income tax system. This innovative approach revolutionized the British tax system, making it more efficient and fair, and paving the way for modern tax collection methods. Born on December 7, 1881, Wood's political career began in earnest in the early 1900s. He served as an MP from 1910 until his death in 1943. In addition to his work in health, defense, and finance, Wood also held important roles in the Ministry of Food and the Ministry of Supply during World War II. His import and export duties played a crucial role in maintaining the British economy during this time. This photograph, taken in 1938, offers a glimpse into the life of a man who played a pivotal role in shaping British politics and economic history. Wood's introduction of the PAYE system remains a testament to his vision and commitment to improving the lives of ordinary people through effective government policy.

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