Purchase Tax

HC Deb 01 December 1964 vol 703 c45W

68. Sir S. McAdden

asked the Chancellor of the Exchequer whether he proposes to exempt from Purchase Tax the 15 per cent. surcharge levied on imported goods.

Mr. MacDermot

No. To do so would reduce, in the case of goods subject to Purchase Tax, the effectiveness of the temporary charge as a means of restricting the volume of imports.