Text and images are copyright. All rights reserved.
The old bill below for painting and building work can be used to calculate the rate of inflation for
this type of work between 1940 and the present day. It gives the costs as
follows. The costs are of course quoted in the old money.
|Preparing and papering walls||£2-10-0|
|5 pieces @ 1/3||£0-6-3|
|16 yards at 2½d||£0-3-4|
|5 pieces at 1/6||£0-7-6|
|16 yards at 2d||£0-2-8|
The receipt is on professionally printed paper and the breakdown of costs is handwritten.
Note that purchase tax had to be paid by buying a 2d stamp and signing across it to invalidate it for other use. I am not sure why some receipts and not others seem to show this stamp. Do you know?