§ Mr. Jayasked the Chancellor of the Exchequer the gross revenue expected to be raised per year by the increases in Purchase Tax embodied in Purchase Tax Orders, 1954, Nos. 1, 2 and 3; and the gross revenue expected to be lost by the reductions in these Orders.
§ Mr. R. A. ButlerI estimate that, in a full year, the increases in tax imposed by these Orders will yield approximately £1 million, and the reductions will cost approximately £3 million.