§ Mr. Dance
asked the Chancellor of the Exchequer if he will state the total tax paid by the companies listed in Schedule 1 to the Iron and Steel Bill during the five years ended April 1965.55W
§ Mr. MacDermot
It is not the practice to give figures about narrow groups of taxpayers but the tax assessed on the iron and steel industry as a whole was as follows:—
Year of assessment Income Tax and Profits Tax £million 1960–61 57 1961–62 78 1962–63 62 1963–64 44 1964–65 41 Total 282
These figures exclude the Income Tax on investment income.