§ Mr. Knoxasked the Chancellor of the Exchequer how much revenue was collected through purchase tax in each of the past five years.
§ Mr. HigginsFollowing is the information:
Net Receipts on Purchase Tax Financial year £ million 1967–68 … … … 748 1968–68 … … … 971 1969–68 … … … 1,111 1970–68 … … … 1,271 1971–68 … … … 1,428 The Budget estimate for receipts of purchase tax for the financial year 1972–73 was £1,315 million.