§ Mr. RHYS DAVIESasked the Chancellor of the Exchequer the amount of the profits of brewing concerns for the Income Tax accounting years 1930–31, 1931–32, and 1932–33, being the profits as computed for Income Tax purposes less the amounts allowed for wear and tear of machinery and plant, and including profits arising from the carrying on of any trade ancillary to the main business?
§ Mr. HORE-BELISHAThe profits of brewing concerns for the accounting years ended in the Income Tax years 1930–31, 1931–32, and 1932–33, are estimated at £26,000,000, £23,000,000 and £16,000,000 respectively. These figures represent the profits as computed for Income Tax purposes less the amounts allowed for wear and tear of machinery and plant, and include profits arising from the carrying on of any trade ancillary to the main business.