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Mr. Stratton Mills
asked the Chancellor of the Exchequer what is the amount of money received in each of the last three years in interest on outstanding income tax ; how much of this was collected in this period on amounts between £1,000–£2,000, £2,000–£3,000 and over £3,000 ; and what was the administrative expense involved in each category.
Mr. Nott
Gross receipts of interest on overdue income tax in the last three accounting periods—ended on the last Friday in October—for which figures have so far been extracted were:—
£000 | |
A/C 70 | 3,604 |
A/C 71 | 4,356 |
A/C 72 | 5,004 |