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Purchase Tax on radio valves
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27th Jul 2009, 6:11 am
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Alan Stepney
Rest in Peace
Join Date: Feb 2008
Location: Dorset, UK.
Posts: 947
Re: Purchase Tax on radio valves
That was precisely the reason.
Purchase Tax only applied to valves that were (generally) for consumer use.
Now, if you really want confusion, just check the rates at which PT was applied at different times.
Alan Stepney
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