TAXATION.

HC Deb 11 February 1932 vol 261 cc1057-8W

Mr. O'CONNOR

asked the Financial Secretary to the Treasury whether he can state, on the basis of the present estimates of revenue, the proportions which direct and indirect taxation, respectively, are expected to yield?

Major ELLIOT

The estimated yield of taxation for the current year is 66.16 per cent. from direct taxation and 33.84 per cent, from indirect taxation.