HC Deb 17 November 1930 vol 245 c60W

asked the Financial Secretary to the Treasury, for each year since its inception, the total cost to the taxpayer of the beet sugar subsidy, to include the direct cost of the subsidy plus the duty that would have been collected by the Exchequer?


Figures are given below for each financial year since the passing of the British Sugar (Subsidy) Act, 1925. Excise duty is levied on sugar produced in this country from home-grown beet, and I have interpreted the right hon. Member's question as referring to the difference between the amount of this duty and the amount which would have been payable at the rate applicable to imported sugar of foreign origin.

Year. Subsidy Paid. Cost of Preferential Rebate.
£ £
1924–25 42[...],040
1925–26 1,0[...]6,090 259,000
1926–27 3,225,859 583,000
1927–28 4,309,260 761,000
1928–29 2,854,239 1,109,000
1929–30 4,229,730 1,709,000