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Purchase Tax

Volume 464: debated on Tuesday 26 April 1949

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asked the Chancellor of the Exchequer to state in full the commodities upon which Purchase Tax is now levied; and the amount of tax on each article or group of articles named.

The commodities chargeable with Purchase Tax are specified in Part I of the Eighth Schedule to the Finance Act, 1948. I am sending my hon. Friend a copy on which the rate of tax now chargeable has been inserted against each item.

asked the Chancellor of the Exchequer whether, in his considerations of a scheme for meeting retailers' losses following a Purchase Tax reduction, he will consider the advisability of making Purchase Tax changes at other times than Budget time, thereby eliminating public anticipation.