§ Sir I. PHILIPPSasked the Chancellor of the Exchequer whether he has statutory powers to vary the assessment of the Excess Profits Duty in the favour of any firm or individual where the incidence of the Excess Profits Duty bears heavily on young and growing firms; and, if so, whether he has on any occasion exercised or taken advantage of this provision and, if so, in how many cases during the last financial year?
Mr. CHAMBERLAINThe answer to the first part of the question is in the negative. The remaining parts do not, therefore, arise.