HC Deb 02 July 1965 vol 715 c150W
Mr. Shore

asked 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. MacDermot

If 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.