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Customs And Excise

Volume 436: debated on Tuesday 15 April 1947

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I turn to Customs and Excise on the existing basis of taxation this year. I count on £26o million from the Purchase Tax, £450 million from tobacco, £350 million from beer, spirits and wine, and £240 million from other Customs and Excise Duties. That makes a total of £1,300 million, £116 million above the yield last year, or roughly a 10 per cent. increase, which I think is very satisfactory.