HC Deb 25 January 1963 vol 670 c116W
Mr. Gourlay

asked the Chancellor of the Exchequer if he will state the rate of Purchase Tax, and the total amount of Purchase Tax collected, on linoleum goods for each of the following years, namely, 1958, 1959, 1960, 1961, and 1962.

Mr. Barber

Since 1958 the rates of Purchase Tax on linoleum have been:

  • Up to 7th April, 1959–15 per cent.
  • 8th April, 1959, to 9th April, 1962–12½ per cent.
  • 10th April, 1962, to date—10 per cent.

The amounts of Purchase Tax collected on linoleum are estimated to be as follows:

1958–59 … … £2 million
1959–60 … … £2 million
1960–61 … … £1¾ million
1961–62 … … £1¾ million*

Receipts in 1962–63 are not expected to exceed £1½ million.

* Including receipts from the 10 per cent. special surcharge in operation from 26th July, 1961, to 9th April, 1962.