HC Deb 16 May 1950 vol 475 cc135-6W
Mr. Eccles

asked the Chancellor of the Exchequer whether he will state the yield of the Purchase Tax for 1949–50 and the estimated yield for 1950–51 on each of the following categories of articles: those subject to 100 per cent. duty, namely, jewellery, furs, gold and silver watches, mirrors, cut glass, electric space and water heaters, leather trunks, bags, etc., greetings cards, ornamental and fancy goods and perfumery and cosmetics; those subject to 66⅔ per cent. duty, namely, non-utility textiles used for domestic purposes, namely, furnishing fabrics, blankets, sheets, etc., non-utility tissues and fabrics, namely, dress materials and woollen and worsted cloths, handwoven tweed, non-utility furniture, gas space and water heaters, suitcases, etc., not made of leather, paper serviettes, table covers, shelf paper, etc., gramophones and gramophone records and cameras; and those subject to 33⅓ per cent. duty, namely, utility fully-fashioned stockings, utility furs, non-utility clothing, non-utility bedding, cutlery, wallpapers and floor coverings, sewing machines, carpet beaters and vacuum cleaners, refrigerators, gas mantles and electric light bulbs, wireless sets and wireless batteries, toilet soap and toilet requisites, toys, motor cars and motor cycles, bicycles, stationery and the cheaper kinds of greetings cards, and drugs not on the exempted list, respectively.

Sir S. Cripps

Estimated receipts of Purchase Tax in 1949–50, and the estimated yield in 1950–51 at each of the three rates of tax are as follow:

Rate Estimated receipts in financial year
1949–50 1950–51
Per cent. £m £m
100 42 42½
66⅔ 46 43½
33⅓ 203¾ 217
Total 291¾ 303

Particulars of the receipts of tax in 1949–50 and corresponding estimates for 1950–51 from each of the categories of articles listed by the hon. Member are not available. Estimated receipts in 1949 under the main headings were given in reply to the hon. Member for Devonport on 6th April.