COMPANIES' SHARE CAPITAL DUTY.

HC Deb 08 March 1929 vol 226 cc729-30W

Mr. DAY

asked the Financial Secretary to the Treasury, the amount received by the Treasury for Share Capital Duty on new company flotations for the 12 months ended to the last convenient date; the gross amount on which this duty was paid; and the number of companies concerned?

Mr. SAMUEL

The net receipt of Companies' Share Capital Duty in the year ended 31st March, 1928, was £3,250,603, corresponding to an aggregate capital value of approximately £325,000,000. The number of companies concerned was 10,884.