§ 16. Mr. J. Harrisonasked the Chancellor of the Exchequer what changes he proposes to make in the present form of Purchase Tax in this country as a consequence of the implementation of the European Free Trade proposals.
§ Mr. PowellIt is too early to say what changes, if any, might be desirable.
§ Mr. Jannerasked the Chancellor of the Exchequer to what extent under his regulations printing and stationery used by local government authorities is liable to Purchase Tax; and what is the approximate annual revenue received from that source.
§ Mr. PowellChargeable stationery purchased by local authorities bears purchase tax. Where it is manufactured by such an authority, the chargeable process provisions of the Finance Act, 1946, apply by virtue of the Purchase Tax (No. 1) Order, 1951. I am sending the hon. Member a copy of the relevant notice (No. 77D). No figures of tax paid on stationery used by local authorities are available.