HC Deb 26 May 1938 vol 336 cc1401-2W
Mr. Remer

asked the President of the Board of Trade whether he will state the proportion of Opel cars imported into Great Britain during the first three months of 1938 as compared with the production of British cars of similar horse power during the same period, with the comparative figures for the first three months of 1937?

Year. Total Capital (Share and Stock paid up). Total Loan Capital (including debenture stock) issued. Revenue Account.
Receipts. Expenditure. Profit.
£ £ £ £ £
1934 95,304,807 39,970.536 44,298,829 37,013,510 7,285,319
1935 96,221,711 43,877,559 45,029,940 37,508,247 7,521,693
1936 97,878,916 45,670,301 47,601,326 39,963,528 7,637,798

Local Authorities.*
Year. Total amount of money borrowed. Total amount of loans repaid and balance in Sinking Fund. Revenue Account. Interest paid on loans, amount of loans repaid and amount placed to Sinking Fund. Net Profit.
Receipts. Expenditure. Gross Profit.
£ £ £ £ £ £ £
1934–35 79,421,964 51,800,112 21,014,933 17,067,905 3,947,028 3,298,838 648,190
I935–36. 80,558,245 53,747,376 21,607,015 17,579,561 4,027,454 3,228,676 798,778
I936–37. 82,300,351 56,080,953† 22,165,171 18,379,015 3,786,156 3,108,759 677,397
* The financial year of the Local Authorities Undertakings runs from 1st April to 31st March.
†Corrected figure.

Mr. Stanley:

As I explained in a reply which I gave to my hon. Friend the Member for Newport (Sir R. Clarry) on Tuesday last, the trade returns of the United Kingdom do not distinguish the horse power of motor cars imported. I regret therefore that I cannot make the desired comparison with the production of British motor cars.

Mr. G. Strauss

asked the Chancellor of the Exchequer what value is placed on the Opel motor car for import duty purposes?

Sir J. Simon:

It would be contrary to Revenue practice to disclose information showing the payments made by an individual taxpayer.