HC Deb 02 May 1950 vol 474 cc1575-6
54. Mr. Wyatt

asked the Chancellor of the Exchequer what amounts were collected in Purchase Tax on jewellery in the years 1945, 1946, 1947, 1948 and 1949, respectively.

Sir S. Cripps

Traders responsible for collecting Purchase Tax are not required to show the amount collected under particular headings, but it is estimated that the amounts of tax paid in to the Customs and Excise in respect of jewellery, imitation jewellery and goldsmiths' and silversmiths' wares was £3½ million in 1945, £5¾ million in 1946, £7¼ million in 1947, £7¾ million in 1948 (including all receipts from the rate of 125 per cent. in operation for some five months) and £6½ million in 1949.

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