§ Mr. Denzil Daviesasked the Chancellor of the Exchequer what is the expected yield from the proposed value added tax and the car tax for the financial year 1973–74; and what percentage of such yield is expected to be raised in Wales.
§ Mr. HigginsThe Financial Statement and Budget Report gave estimates of the full-year yields for value added tax, and car tax of £1,475 million and £125 million, respectively. No estimates for 1973–74 can yet be given.
The percentage of the yields expected to be raised in Wales is not known.