§ 93. Squadron Leader Cooper
asked the Chancellor of the Exchequer the reason for the recent decision to impose Purchase Tax on small motors for cycles; what is the estimated revenue from this new impost; and what is the estimated cost of collection.
§ Mr. R. A. Butler
This alteration was made to correct an anomaly. It is estimated that the additional revenue will be about £200,000 a year, and that the cost of collection will be negligible.