Excess Profits Tax.

Part of Oral Answers to Questions — National Finance. – in the House of Commons on 24th February 1942.

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Photo of Mr Ian Hannah Mr Ian Hannah , Wolverhampton Bilston

asked the Chancellor of the Exchequer whether the 20 per cent. of the Excess Profits Tax will be returnable to the firm or individual paying that tax, or whether it will be payable to industry collectively according to need?