HC Deb 15 May 1958 vol 588 cc43-4W
Mr. Gresham Cooke

asked the Chancellor of the Exchequer what would be the estimated additional cost to the Treasury, for the current and succeeding financial years, of freeing from entertainment tax all cinema seats up to two shillings and arranging that the balance of the proceeds received from the sale of all seats above that figure should be divided as to one-third to the Treasury and two-thirds to the exhibitor.

Mr. Simon

The answer is £3¾ million in the current financial year and about £4 million in a full year.