New Clause.; — (Reduction of Purchase Tax from Five or Ten per Cent. to One per Cent.)

Part of Orders of the Day — Finance Bill – in the House of Commons at 12:00 am on 3rd July 1957.

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Photo of Mr Douglas Jay Mr Douglas Jay , Battersea North 12:00 am, 3rd July 1957

The right hon. Gentleman will not deny that the revenue that the Government will raise this year in Purchase Tax is greater than last year, according to their own Financial Statement.