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Self-Employed Persons

Volume 889: debated on Wednesday 9 April 1975

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asked the Chancellor of the Exchequer what would be the estimated loss to Exchequer revenue if self-employed national insurance contributions were made tax deductible.

Information on which to base a precise calculation is not available but it is estimated that the full-year cost at 1974–75 rates of tax would be about £80 million.