HC Deb 09 March 1920 vol 126 cc1101-2
52. Mr. LUNN

asked the Chancellor of the Exchequer what part of the £175,000,000 excess profits duty and munitions levy in assessment but unpaid at 1st January, 1920, was in respect of accounting periods ended in the years 1915, 1916, 1917, and 1918, respectively; and what further amount of excess profits duty assessed in respect of accounting periods ended during the year 1919 remained unpaid at 1st January, 1920?

Mr. BALDWIN

No analysis has been made of the arrears in question in the form desired by the hon. Member, and my right hon. Friend is not prepared to authorise the preparation of this information in view of the time and labour which would be involved. The excess profits duty assessed and outstanding at 1st January, 1920, in respect of accounting periods ended during the year 1919 amounted approximately to £90,000,000; but of this amount it is estimated that upwards of one-third was not due for payment by the date mentioned.