HC Deb 27 June 1935 vol 303 c1259
34. Sir JOHN POWER

asked the Chancellor of the Exchequer whether he can furnish an estimate of the amount of income tax assessed on co-operative societies during the last financial year?

The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)

It is estimated that the income tax payable by industrial and provident societies for the year 1934–35 amounted to £1,100,000, including the tax payable under Schedules A and B as well as the additional tax imposed under the provisions of the Finance Act, 1933.