HC Deb 01 March 1955 vol 537 c241W
Mr. Osborne

asked the Chancellor of the Exchequer how much Purchase Tax he estimates he will lose per annum by his recent restriction of hire-purchase facilities.

Mr. H. Brooke

The recent change in hire-purchase facilities may be expected to have some effect upon the yield of Purchase Tax, but it is one of various factors affecting the yield, and I cannot make a precise estimate of the effect of this factor by itself.