HC Deb 01 July 1935 vol 303 c1530W
Captain ERSKINE-BOLST

asked the Financial Secretary to the Treasury what is the aggregate yield of one penny Income Tax at the present time?

Mr. COOPER

The latest year for which the information is available is the year 1933–34 when the net produce for each penny of the standard rate of Income Tax was £3,967,000.