§ Mr. Alisonasked the Chancellor of the Exchequer what is his estimate of the increased, or reduced, cost to public funds of re-introducing investment allowances in place of investment grants in the year 1968–69.
§ Mr. Harold LeverThe estimated amount of additional tax which will be received from the private sector in 1968–69 as a result of replacing investment allowances144W by investment grants is estimated at £325 million, compared with an estimated £395 million for the corresponding investment grants.