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Mr. Barnes
asked the Chancellor of the Exchequer whether he will submit a statement indicating the extent to which his revenue and expenditure statement on the 25th April 1939 has been affected on the revenue side by modifications and additions and on the expenditure side by additional expenditure; and how much he estimates to receive from taxation and how much to be met out of loan?
Sir J. Simon
It is expected that the estimates of revenue given in the Financial Statement for 1939–40 will be affected as follows by changes made during the passage of the Finance Bill through Parliament: —
— | Budget Estimate. | Revised Estimate. | Reduction. |
£ | £ | £ | |
Customs | 232,560,000 | 232,300,000 | 260,000 |
Excise | 116,460,000 | 116,430,000 | 30,000 |