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Tax-Deductible Items

Volume 934: debated on Wednesday 29 June 1977

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asked the Chancellor of the Exchequer if he will list the loss in revenue to the Treasury of each tax-deductible item, respectively, in 1976–77.

I am not sure what the hon. Member has in mind. If he is interested in the separate costs of the main tax reliefs and allowances relating to income tax I would refer him to the reply given on 2nd May 1977—[Vol. 931, c. 83–4]—to the hon. Member for Manchester, Withington (Mr. Silvester). For corporation tax, I would refer him to the reply given on 3rd May 1977 to my hon. Friend the Member for Kirkcaldy (Mr. Gourlay)—[Vol. 931, c. 137].—If the hon. Member also requires information relating to the capital or other taxes perhaps he will write to me.