§ Mr. Shoreasked the Chancellor of the Exchequer what were the estimated amounts of tax foregone in 1963–64 and 1964–65 on employers' contributions to approved superannuation schemes.
§ Mr. MacDermotIf employers' contributions to such schemes had not been deductible in computing business profits, the additional tax payable would have been about £150 million for 1963–64 and about £160 million for 1964–65.