§ 67. Sir G. Nabarroasked the Chancellor of the Exchequer how the receipts from Purchase Tax on motor cars since April, 1963, to date compare with receipts for a similar period beginning April, 1962.
§ Mr. Maurice MacmillanReceipts of tax in respect of motor cars in the period April to December, 1963, amounted to £94 million, compared with £126 million in the corresponding period in 1962.
§ 68. Sir G. Nabarroasked the Chancellor of the Exchequer how the Purchase Tax revenue on sales of motor cars for the period May to October, 1962, when Purchase Tax was 45 per cent. compares with that for a similar six months of 1963 when Purchase Tax was chargeable at 25 per cent.; and whether he will give an estimate of increased revenue received from licence duty and fuel tax on the 134,000 additional cars which were registered during the latter six months in excess of the 1962 level.
§ Mr. Maurice MacmillanPurchase Tax is collected on a quarterly basis and figures for the period May to October are not therefore available. Receipts in respect of sales of motor cars in the period April to September, 1962,86W amounted to £84 million, compared with £66 million for the corresponding period in 1963. The additional licence duty and fuel tax revenue received in the same period in 1963 compared with 1962 on the cars in question was about £2 million and £1 million respectively.