§ 50. Sir H. BRITTAINasked the Chancellor of the Exchequer whether, for the purpose of assisting British-made motor cars to compete successfully in the Dominions and elsewhere, he will consider a revision of the present form of horse-power taxation?
§ Mr. CHURCHILLI would refer my hon. Friend to what I said on this subject in the Budget statement.
§ Sir H. BRITTAINIs not this horsepower tax the greatest handicap to trade from the point of view of British manufacturers?
§ Mr. CHURCHILLI made some reference to that Budget statement
| Article. | Average declared Values of Imports. | Fully duty leviable thereon at the rate of 33⅓ per cent. | ||||||||||
| January-March, 1924. | January-March, 1925. | January-March, 1926. | January-March, 1924. | January-March, 1925. | January-March, 1926. | |||||||
| Each. | Each. | Each. | Each. | Each. | Each. | |||||||
| s. | d. | s. | d. | s. | d. | s. | d. | s. | d. | s. | d. | |
| Clocks, complete | 3 | 5 | 3 | 10 | 3 | 8 | 1 | 2 | Free | 1 | 3 | |
| Watches, complete— | ||||||||||||
| With gold cases | 22 | 8 | 21 | 7 | 20 | 9 | 7 | 7 | Free | 6 | 11 | |
| With silver cases | 6 | 8 | 8 | 0 | 8 | 2 | 2 | 3 | Free | 2 | 9 | |
| With cases of other metals | 2 | 6 | 3 | 1 | 2 | 6 | 10 | Free | 10 |