§ 52. Mr. Sorensen
asked the Chancellor of the Exchequer the amount of profits of breweries as computed for Income Tax purposes, less the amounts allowed for wear and tear of machinery and plant; and including profits arising from the carrying on of any trade ancillary to the main business, for the Income Tax years 1934–35 and 1935–36?
§ Lieut.-Colonel Colville
The profits of brewing concerns for the accounting years ended in the Income Tax years 1934–35 and 1935–36 are estimated at £23,000,000 and £26,000,000 respectively, after allowance for wear and tear of plant and machinery, but including profits arising from trade ancillary to the main business.