§ 37. Sir W. Wakefieldasked the Chancellor of the Exchequer the estimated cost to the Inland Revenue of assessing the nationalised industries to Income Tax, Profits Tax and Excess Profits Levy; and what purpose is thereby achieved.
§ Mr. Boyd-CarpenterAbout £10,000. The purpose is to carry out the decision of Parliament that these industries shall be subject to the same general system of taxation as other industries.