§ 74. Mr. Barr
asked the Chancellor of the Exchequer the profits of breweries as computed for Income Tax purposes less the amount allowed for the wear and tear of machinery and plant, and including profits arising from the carrying on of any trade auxiliary to the main business, for the Income Tax year ended 31st March, 1037?
§ Sir J. Simon
The profits of brewing concerns for accounting years ended in the Income Tax year 1936–37 are estimated at £28,500,000, after allowance for wear and tear of plant and machinery, but including profits arising from trade ancillary to the main business.