§ Mr. ALLEN PARKINSONasked the Chancellor of the Exchequer what was the 1977W amount of Excess Profits Duty assessed but unpaid on 30th September, 1920, or other recent date and whether he has yet begun to charge interest on these outstanding amounts?
Mr. CHAMBERLAINThe amount of Excess Profits Duty in assessment but unpaid at 30th September, 1920, was approximately £240,000,000. Except in so far as Duty is being collected by instalments or is not yet due, payment of a considerable portion of this amount is in suspense pending the settlement of appeals and other questions which cannot yet be determined, and it must be anticipated that upon the final adjustment of liabilities, the total figure in assessment will be very substantially