Excess Profits Duty.

Oral Answers to Questions — National Finance. – in the House of Commons on 21st February 1935.

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Photo of Mr John Potter Mr John Potter , Eccles


asked the Chancellor of the Exchequer the amount still outstanding in respect of Excess Profits Duty; the number of cases in which legal proceedings have been commenced with a view to recovery of duty; and the amount lost, or estimated to be lost, to the Treasury arising out of liquidation or bankruptcy proceedings?


The amount of Excess Profits Duty outstanding at 31st December last was £7,825,000. With regard to the remaining parts of the question, I am afraid that the information asked for is not at present available and its collection would involve considerable labour and expense.