HC Deb 04 December 1957 vol 579 c60W
Mr. McKay

asked the Chancellor of the Exchequer what would be the revenue received from a company, including the Income Tax on dividends to shareholders, in 1956 where the net profit was£50,000 and, after Income Tax, the balance was divided into two-thirds for undistributed profits and one-third for dividends to shareholders.

Mr. Powell

£27,104 if the profit was earned during the calendar year 1956.