New Clause. — (Reduction in Rates of Purchase Tax.)

Part of Finance Bill – in the House of Commons at 12:00 am on 20 June 1950.

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Photo of Mr Oliver Lyttelton Mr Oliver Lyttelton , Aldershot 12:00, 20 June 1950

The hon. Lady is now erecting a perfectly defensible argument, and I give this pledge: If the Government will reduce by £15 million the Purchase Tax on the most essential things I will willingly ask leave to withdraw the proposed new Clause.