§ 50. Sir H. BRITTAIN
asked 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. CHURCHILL
I would refer my hon. Friend to what I said on this subject in the Budget statement.
§ Sir H. BRITTAIN
Is not this horsepower tax the greatest handicap to trade from the point of view of British manufacturers?
|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.|
|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|