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Interwar taxation

Future taxpayers - entrants at a 1920s babyshow.
Future taxpayers - entrants at a 1920s babyshow.
©TopFoto

After the First World War a return to the gold standard became a key objective of government policy. By the early 1920s, however, the government was faced by mass unemployment. In 1931 Britain fell into severe depression, provoking major changes in taxation policy.

Related documents

Search using gold standard Excess Profits Duty

Further reading

  • Daunton, M., Just Taxes: the Politics of Taxation in Britain, 1914-79 (Cambridge: Cambridge University Press, 2002)
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