HC Deb 11 November 1926 vol 199 c1254
54. Mr. HOPKINS

asked the Chancellor of the Exchequer how many claims have been made for the repayment of Excess Profits Duty under Part III of the Finance Act, 1921, which is intended to grant relief to those holding stocks at excessive valuations?

Mr. McNEILL

I regret that the statistics collected regarding the Excess Profits Duty do not contain particulars of the relief in question.

Mr. HOPKINS

Has any relief under this Section ever been allowed?

Mr. McNEILL

I cannot say, as there are no statistics on that point.

Mr. HOPKINS

Surely the right hon. Gentleman must be aware whether there has been any relief given under this Section?

Mr. McNEILL

There have been grants, of course, but there is no means of estimating the amount on one particular account.