Furniture D Scheme (Tax)

HC Deb 19 December 1952 vol 509 cc282-3W

Mr. Chetwynd

asked the Chancellor of the Exchequer what is the estimated increase in revenue from Purchase Tax arising from the introduction of the D Scheme for furniture.

Mr. R. A. Butler

The estimated revenue from furniture (including domestic, office and garden furniture) under the D Scheme is £8 million a year, an increase of £3 million over the present figure.