§ 54 and 55. Mr. Donald Williams
asked the Chancellor of the Exchequer (1) if he will give an estimate of the loss in potential interest per £1,000 per quarter incurred by importers on moneys held by Her Majesty's Department of Customs and Excise as import deposits;
(2) if he will now give an estimate of the loss in potential interest per £1,000 per quarter incurred by manufacturing industries in respect of Selective Employment Tax.
§ Mr. Taverne
If firms paying import deposits or S.E.T. had been able to lend these funds to a bank or in the money market, they might have expected at current rates to earn on average about £15 to £20 per quarter per £1,000.