§ 42. Mr. Wallasked the Chancellor of the Exchequer if he will simplify the procedure for obtaining the 1½ per cent. export rebate, particularly where merchant shippers and export merchants are concerned.
§ Mr. CallaghanI can assure the hon. Member that the export rebates scheme has been made as simple as possible. Full details of the procedure are being released today.
§ 48. Dame Irene Wardasked the Chancellor of the Exchequer whether he is aware of the effects of his financial proposals on the profitability of Victor Products Ltd. (Wallsend on Tyne), details of which have been sent to him, and the implications on the profit-sharing arrangements with the workers; and what estimate he has made of the number of other firms affected in the same way.
§ Mr. DiamondI have read the article by the chairman of this company and I think the question relates to the export rebate scheme. The chairman seems to have misunderstood the scheme. Claimants will not be required to establish the taxes paid on particular consignments of exported goods; rebate will be paid at the appropriate rate prescribed in the Treasury Order to be laid before Parliament today.