§ Mr. Darlingasked the Chancellor of the Exchequer what is the estimated additional amount of Profits Tax that will have to be paid by Co-operative societies in a full year as a result of the increase in the rate from 127½ per cent. to 15 per cent.
§ Sir E. BoyleAbout £450,000.
§ Mr. Darlingasked the Chancellor of the Exchequer what was the total amount of Profits Tax paid by Co-operative societies in the financial year 1957–58; and what is the estimated total amount that will be paid in 1961–62.
§ Sir E. BoyleAbout £¾ million and £2 million respectively.