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Dividends (Limitation)

Volume 885: debated on Tuesday 4 February 1975

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asked the Chancellor of the Exchequer what is his policy towards further relaxation, or abolition, of dividend limitation.

The Government have asked the Royal Commission on the Distribution of Income and Wealth to prepare a report on income from companies and its distribution. As my right hon. Friend informed the House on 22nd July 1974, this will assist him in a comprehensive review of dividend limitation which he intends to carry out this year when the report is available.