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Purchase Tax Revenue, Wales And Monmouthshire

Volume 529: debated on Tuesday 29 June 1954

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asked the Chancellor of the Exchequer the approximate annual amount of Purchase Tax collected from persons resident in Wales and Monmouthshire, adopting approximate methods of calculation which enabled him to estimate the amount of Income Tax paid by Welsh people.

If it is assumed that consumption per head in Wales and Monmouthshire is not very different from that in the rest of the United Kingdom, the amount of Purchase Tax involved would be in the region of £15 million a year. I am afraid that no material is available on which to make any closer estimate.