HC Deb 01 March 1928 vol 214 cc589-90
29. Colonel WOODCOCK

asked the Chancellor of the Exchequer the amount of arrears of Corporation Profits Tax still outstanding and the proportion which is actually likely to be collected?

Mr. SAMUEL

The total amount of Corporation Profits Tax in assessment, but unpaid at the 31st January, 1928, was approximately £7,200,000. I am unable to say how much of this sum will ultimately be collected.

Colonel WOODCOCK

Can my hon. Friend say how much we are going to get this year?

Mr. SAMUEL

No, Sir; I cannot form any estimate.