§ Mr. Millanasked the Chancellor of the Exchequer if he will state the yield of Purchase Tax for the year 1961–62; and how much was yielded by each of the various rates of tax.
§ Mr. du CannThe yield of the Purchase Tax in 1961–62 was £521 million, made up as follows:
Rate Yield* £ million 5 per cent. 67 12½ per cent. 41 25 per cent. 174 50 per cent. 239 521 * Inclusive of the 10 per cent. special surcharge from 26th July, 1961.