Excess Profits Tax

HC Deb 28 February 1952 vol 496 cc173-4W

67. Mr. Lewis

asked the Chancellor of the Exchequer when he anticipates introducing his scheme for excess profits tax; and whether he will include a tax on company dividends.

Mr. Boyd-Carpenter

It has already been announced that the new excess profits tax will have effect from 1st January, 1952; for the rest, I cannot anticipate my right hon. Friend's Budget statement.