HC Deb 02 July 1965 vol 715 cc150-1W
Mr. Shore

asked the Chancellor of the Exchequer what were the estimated amounts of tax foregone in 1963–64 and 1964–65 in respect of life assurance relief and of deeds of covenant in favour of persons.

Mr. MacDermot

The estimated costs for 1963–64 and 1964–65 respectively were £58 million and £60 million for life assurance relief and £16 million and £17 million for deeds of covenant in favour of individuals.