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Cinemas (Tax)

Volume 526: debated on Monday 5 April 1954

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asked the Chancellor of the Exchequer the cost to the Exchequer in a full year of removing entertainments tax from all cinema seats priced at 1s. 3d. or less.

The cost is conjectural, depending on the extent to which higher prices were reduced to take advantage of the exemption of the 1s. 3d. cinema seat; but it would probably be over £20 million a year.