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Mr. Spellar
To ask the Chancellor of the Exchequer what was the estimated cost in 1991–92 and 1992–93 of tax forgone by the Inland Revenue through profit-related pay schemes.
Mr. Dorrell
The latest information is as follows:
Estimated cost of income tax relief | |
£ million | |
1991–92 | 40 |
11992–93 | 200 |
1 Provisional. |