HC Deb 31 May 1916 vol 82 cc2711-2
95. Colonel GREENE

asked the Chancellor of the Exchequer whether, in order to prevent injustice to many engineering firms which have sacrificed their normal business for the good of the country, he can see his way to make such amendments in the Finance Bill, 1916, as will provide either that the agreement which was entered into with regard to the limitation of profits between the Minister of Munitions, the controlled establishments, and the trade unions (certain Clauses of which appear to be infringed upon by certain Sections in the Finance Bill, 1916) shall be respected in its entirety, or that Clause 4 of the Munitions of War Act, which regulates the limitation of profits, shall be repealed, so that controlled establishments may come under the ordinary assessments and pay the same Excess Profits Tax as other firms?


This matter, into which I went in some detail in my speech on the Second Reading of the Finance Bill, may be more suitably discussed on the Committee stage of that Bill, and I notice that hon. Members have put down Amendments which raise it. I am quite unaware what Clauses of the Finance Bill could be alleged to infringe the arrangement to which the hon. and gallant Member refers.

Forward to