§ Mr. Bruce-Gardyneasked the Chancellor of the Exchequer what estimate he has made of the increase in revenue which will arise from the application of the projected 50 per cent. Corporation Tax in 1973–74 to larger unquoted companies.
§ Mr. NottAs my right hon. Friend made clear, he referred to a 50 per cent. corporation tax rate in his Budget speech solely for purposes of illustration. No estimates have therefore been made on the basis of this rate.