§ 81. Commander Nobleasked the Financial Secretary to the Treasury how many motor cars registered before 1947 are now licensed; and what would be the total loss of revenue involved if they came under the £10 tax.
§ Mr. JayThe latest figure for September, 1949, is about 1,789,000. As my right hon. and learned Friend the Chancellor of the Exchequer said on 25th April in reply to the hon. Member for Hornsey (Mr. Gammans) the loss of revenue if they were all taxed at £10 would be about £6 million in a full year.