Contribution the liability will be represented by the profits of the current chargeable accounting period as diminished or increased by the payments. For Excess Profits Tax the liability will be computed by reference to the excess (if any) of the profits of the current chargeable accounting period, as diminished or increased by the pay- ments, over the basic standard enjoyed by the concern. 3. Where works have been closed down, the scheme provides that the machinery should be kept intact and ready for use unless the factory premises are requisitioned by the Government.
- Civil Defence Region
- Nationwide
- Collection ID
- CAB71
- Document Reference
- CAB 71/3/51
- Document Types
- Memorandum
- File Reference
- CAB 71/3
- Former Department Reference
- LP(41) 49
- Identifier
- 10.1080/wtss.cab71.000003.051
- Keywords
- Compensation Consumer Goods Factories Industrial Concentration Industrial Production Industry Requisitioning Taxation
- Language
- English
- Organizations Discussed
- HM Treasury Lord President's Committee
- Pages
- 2
- Published in
- United Kingdom
- Series
- Papers Nos. 1(41) - 75(41)
- Themes
- Industry Infrastructure Rationing Supply Manufacturing Materials Retail Consumer Goods
