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Taxation Changes

Volume 982: debated on Tuesday 15 April 1980

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asked the Chancellor of the Exchequer if he will publish the official forecasts for each year up to 1983–84 for each item covered by table 2 in the Red Book.

The official forecasts cover only the period to the first half of 1981, for which there are figures in table 11 of the Financial Statement and Budget Report. The material in the medium term financial strategy which covers the period after 1980 is based on the assumption of an average growth rate of 1 per cent. between 1980 and 1983.