§ Mr. DAYasked the Chancellor of the Exchequer the total net revenue derived from the taxation of tea, coffee, cocoa, and sugar for the 12 months ended to the last convenient date; and what would be the approximate increase on Income Tax and/or Super-tax that would be required to make up the loss of revenue if these duties were repealed?
§ Mr. P. SNOWDENThe approximate total amount of revenue derived from the duties on tea, coffee, cocoa and sugar during the twelve months ended 28th February, 1930, was £14,857,000. My hon. Friend will find the latest available figures of the produce of Income Tax and Super-tax in the 72nd Report of the Commissioners of Inland Revenue which has just been published (Command Paper 3500).