§ Mr. LUNNasked the Chancellor of the Exchequer what was the amount of excess profits duty in assessment, but unpaid, at 5th April, 1920; and what is the estimated amount of the assessments still to be made for excess profits duty in respect of accounting periods ending before that date?
§ Mr. BALDWINThe amount of excess profits duty in assessment, but unpaid, at 5th April last was approximately £250,000,000. It must, however, be anticipated that upon a final adjustment of liabilities this total figure will be substantially reduced. It is estimated that the duty still to be assessed in respect of periods ending before 5th April last is some £150,000,000.