§ Dr. SALTERasked the Chancellor of the Exchequer the profits of breweries for the last available year as computed for Income Tax purposes, less the amounts 192W allowed for wear and tear of machinery and plant, and including profits arising from the carrying on of any trade auxiliary to the main business of brewing?
Mr. CHAMBERLAINThe profits of brewing concerns for accounting years ended in the Income Tax year 1933–34 are estimated at about £18,000,000, after allowance for wear and tear of plant and machinery and including all ancillary profits.