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Directors' Remuneration

Volume 774: debated on Monday 25 November 1968

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asked the Chancellor of the Exchequer what is the estimated net cost of increasing the limit to £5,000 for each full-time working director in a close company, after allowing for the estimated increased revenue from Income Tax and Surtax.

asked the Chancellor of the Exchequer what is the estimated net cost of completely removing the limits for directors' remuneration imposed by Section 74 of the Finance Act, 1965, allowing for estimated increased revenue from Income Tax and Surtax.