§ 8. Mr. Juddasked the Chancellor of the Exchequer whether he will make arrangements to estimate the total amount of Income Tax exemption in 1967–68, in respect of fees paid for private education.
§ Mr. Harold LeverIf my hon. Friend is referring to the exemption of the profits of schools which are recognised as charities, I am afraid that the Inland Revenue does not have the information which would be needed in order to make the estimate.
§ Mr. JuddAt a time when we have had to significantly reduce our educational commitments, would not my hon. Friend agree that the country can no longer afford what is a subsidy to private education on the present scale?
§ Mr. LeverI am afraid that, without the figures, it is difficult to assess the gravity of the matter, as my hon. Friend would wish to have it assessed.
§ Mr. Evelyn KingWould the Financial Secretary say how many millions of £s are saved to the State by parents who freely and willingly choose to bear their own children's educational costs? Would 192 the Treasury care to pay tribute to those who are saving the nation a great deal of money in this way?