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Volume 929: debated on Thursday 7 April 1977

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asked the Chancellor of the Exchequer by how much the tax on profits rose or fell between November 1951 and October 1964, between November 1964 and June 1970, between July 1970 and February 1974 and between March 1974 and March 1977.

I assume that the hon. Members refers to the rates of the various taxes on company profits. However, these are not comparable because of the changes in structure of the taxes in each of the periods mentioned.

pursuant to his reply [Official Report, 4th April 1977; Vol. 929, c. 348], gave the following answer:No.