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67.
Mr. Erroll
asked the Chancellor of the Exchequer what was the annual yield from the tax on turpentine used for medicinal purposes; and what is the estimated yield at the new rate.
Mr. R. A. Butler
About £5,000 a year at the pre-Budget rate of duty of 1s. 10½d. a gallon, and about £7,000 a year at the present duty of 2s. 6d. a gallon.