Mr. E. P. Smithasked the Chancellor of the Exchequer what he estimates would be the loss to the Revenue if an amount of the production expenditure upon each new full-length play produced for profit for the first time in the United Kingdom were exempted from Entertainment Tax, assuming such production expenditure as averaging £2,500 per play.
§ Mr. DaltonI regret that it is not practicable to make such an estimate.