– in the House of Commons at on 4 March 1924.
Mr Ernest Brown
, Rugby
asked the Chancellor of the exchequer the amount of revenue obtained through the instrumentality of the Entertainments Duty in 1922–23 from charges of admission not exceeding 2s.?
Mr Philip Snowden
, Colne Valley
Exact information is not available, but the yield of the Entertainments Duty from payments for admission (excluding the duty) not exceeding 2s. is estimated at about £8,200,000.
Mr Collingwood Hughes
, Camberwell Peckham
asked the Chancellor of the exchequer to furnish a Return showing the yield of the Entertainments Duty when the payment for admission is 2½d., 4d., is., 2s., 3s., 5s., 7s. 6d., 10s. 6d., and 15s., respectively, for the year ending 31st March, 1923?
Mr Philip Snowden
, Colne Valley
A considerable part of the Entertainments Duty is collected by means of the sale of Entertainments Duty Stamps at the several rates of duty. As the stamps of each value are appropriate to a range of payments for admission and there is no information as to the price or prices of the admission tickets for which such stamps are required, it is impossible to give the particulars asked for.
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
