Purchase Tax (Wool Piece Goods)

HC Deb 30 May 1957 vol 571 cc580-1

10. Dr. Broughton

asked the Chancellor of the Exchequer what was the Purchase Tax yield on sales of wool piece goods for the twelve months ended 31st March. 1957.

Mr. Powell

About £2 million.

Dr. Broughton

While thanking the hon. Gentleman for that information, may I ask him how much longer the Government are going to continue the unjust, indefensible discrimination against wool cloth for the sake of this comparatively very small amount of revenue?

Mr. Powell

There is no discrimination, for this corresponds to the 5 per cent. Purchase Tax upon cotton garments and garments made of other cloth.