§ 21. Mr. Iremongerasked the Chancellor of the Exchequer what were the total amounts of Income Tax and Profits Tax, respectively, paid by building societies in the last tax year; and what percentage of total building society income is represented by each figure.
§ Mr. P. ThorneycroftI regret that I am unable to give separate figures of the tax paid by building societies.
§ Mr. IremongerWill my right hon. Friend consider whether it is possible to look into the question, because if he could modify these taxes in some manner it would be the most effective immediate way to encourage home ownership?