HC Deb 01 February 1955 vol 536 c93W
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.