§ 66. Mr. Keelingasked the Financial Secretary to the Treasury whether he now has any further statement to make about Purchase Tax on Christmas cards.
§ Mr. Jay:As my right hon. and learned Friend announced on 6th December, it is proposed, as from 2nd January, to charge only two rates on Christmas cards, 33⅓ per cent. for the plainest ones, and 100 per cent. on the more elaborate. These rates will apply on the wholesale value of the goods, which is not necessarily the cost price, and will be chargeable whether the goods are bought in a shop or distributed through a Society.