asked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing his estimate for 1986–87 and his forecast for 1987–88 of taxable fringe benefits on the same basis as that shown in table 5.5 of the latest issue of Social Trends.
[pursuant to his reply, 25 March 1987, c. 213]: The information given in table 5.5 of Social Trends 17 relates to 1983–84, and this is the latest year for which such detailed information is available.
asked the Chancellor of the Exchequer whether he will publish in the Official Report a table showing his estimate for 1987–88 the number of recipients and the scale charge for taxable fringe benefits for directors and higher paid employees in the case of cars, free fuel and private medical insurance.
[pursuant to his reply, 25 March 1987, c. 214]: Forecasts of the number of recipients and taxable value of benefits in 1987–88 are given in the table. These forecasts are based on projections from 1983–84, the latest year for which information is available, and are therefore subject to revision.
Benefit provided by employer | Number of directors and higher paid employees receiving the benefit (thousands) | Taxable value of benefits1 (£ million) |
Cars for private use | 1,150 | 850 |
Free fuel for private use | 700 | 450 |
Private medical insurance | 650 | 130 |
1 The estimates of taxable value of cars and free fuel are calculated from the scale charges for those benefits; the taxable value for private medical insurance reflects the costs to employers of providing this benefit. |