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Advance Corporation Tax

Volume 930: debated on Wednesday 27 April 1977

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asked the Chancellor of the Exchequer how much of the estimated yield of corporation tax in 1976–77, £2,650 million, was advance corporation tax; and how much of the £894 million tax payments made by industrial and commercial companies in 1975, as shown in Table 9.1 of Financial Statistics, was advance corporation tax.