HC Deb 03 November 1970 vol 805 c321W
Mr. Hugh Jenkins

asked the Chancellor of the Exchequer if he will now take steps to limit price increases brought about by the increase in profit margins referred to in the Treasury's August assessment of the economic situation.

Mr. Maurice Macmillan

No. I do not accept the hon. Gentleman's interpretation of the facts. For over recent years company profits have been, and are still,

Licence Revenue accruing to the Treasury Annual Licence Fee Cost of Collection
million) million)
Dog Nil 7s. 6d.
Radio and Television 86 (a) 4
Motor Vehicle 399 (b) £25 (e) 10 (c)
Driving 6 15s. (d)


(a) Radio only Combined Radio and Monochrome Television Combined Radio and Colour Television
To 31st December, 1968 £1 5s. £5 £10
From 1st January, 1969 £1 5s. £6 £11
(b) Net of export rebates, etc.
(c) Separate costs of collecting motor vehicles and driving licence fees are not available.
(d) For three years.
(e) For private cars. The annual licence fee for motor-cycles varies between £2 10s. and £10 depending on cylinder capacity, and for goods vehicles between £24 and over £400, depending on unladen weight.