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Profit-Related Pay

Volume 225: debated on Monday 17 May 1993

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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.

The latest information is as follows:

Estimated cost of income tax relief
£ million
1991–9240
11992–93200
1 Provisional.