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Corporation Tax

Volume 892: debated on Friday 16 May 1975

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asked the Chancellor of the Exchequer what are his best estimates of yield of corporation tax paid by all companies eligible for small business relief in 1974–75 and the similar figures for the remaining companies in the private sector and for nationalised industries.

asked the Chancellor of the Exchequer what is his best estimate of the cost in 1974–75 and 1975–76 of reducing the level of small business corporation tax to 39 per cent. and 40 per cent., respectively.