§ Mr. Speedasked the Chancellor of the Exchequer what estimates he has made of the relief given on Corporation Tax in respect of initial allowances on capital investment in the financial years 1967–68 and 1968–69.
§ Mr. Harold LeverThe reduction of Corporation Tax for 1967–68 and 196869 on account of initial allowances is estimated to be of the order of £100 million in each year.