Skip to main content

Medicinal Turpentine Duty (Yield)

Volume 498: debated on Tuesday 1 April 1952

The text on this page has been created from Hansard archive content, it may contain typographical errors.


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.

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.