Mr. Edwardsasked the Chancellor of the Exchequer the amount of duty collected from March, 1935, to March, 1938, on the capital of newly formed companies, and the total amount of capital involved?
§ Sir J. Simon:The net receipt of Companies Capital Duty, including duty paid by companies already on the register as well as duty paid by new companies in the last three financial years, was as follows:
£ 1935–36 … … 1,097,000 1936–37 … … 1,642,000 1937–38 … … 1,059,000 The receipt of the duty is not recorded so as to distinguish the duty paid in connection with new registrations.