§ 36. Mr. T. SMITHasked the Minister of Transport the total Income Tax paid by public authority electricity undertakings and company undertakings for the years 1924–25 and 1932–35?
§ Mr. HORE-BELISHAFor public authority and company electricity undertakings, the net Income Tax for 1932–33, i.e., less tax deducted from rents, interest and dividends payable, amounted to approximately £1,341,000. The corresponding figure for 1924–25 was approximately £780,000.