§ 49. Colonel HOWARD-BURYasked the Chancellor of the Exchequer whether he can give the cost of a reduction of 50 per cent, of the horse-power tax on motorcars over five years old?
§ The MINISTER of TRANSPORT (Colonel Ashley)I have been asked to reply to this question. I have no reliable data on which to form an estimate of the number of cars in the horse power class which would be affected by a remission of 50 per cent. of the duty in respect of cars over five years old. From such information as I have, however, it would appear that the cost of such a concession in the first full year might approach one and a half millions.