Finance (No. 2) Act 1940. An Act to increase certain duties of customs and excise; to increase the standard rate of income tax for the year 1940-41 and the higher rates of income tax for the year 1939-40; to make certain amendments in the enactments relating to income tax, national defence contribution and excess profits tax; to increase the rates of estate duty; to impose purchase tax; and for purposes connected with the matters aforesaid.
Most Gracious Sovereign, WE, Your Majesty's most dutiful and loyal subjects the Commons of the United Kingdom in Parliament assembled, towards raising the necessary supplies to defray Your Majesty's public expenses, and making an addition to the public revenue, have freely and voluntarily resolved to give and grant unto Your Majesty the several duties hereinafter mentioned; and do therefore most humbly beseech Your Majesty that it may be enacted, and be it enacted by the King's most Excellent...