Purchase Tax

HC Deb 26 April 1972 vol 835 c321W

Mr. Joel Barnett

asked the Chancellor of the Exchequer what was the amount of revenue collected in purchase tax on gramophone records in the most recent year for which the information is available.

Mr. Higgins

Approximately £20 million in 1971, at rates of tax of 55 per cent. up to 19th July and 45 per cent. thereafter.