§ Mr. David Steelasked the Chancellor of the Exchequer what was the total profit chargeable to corporation tax in each financial year since, and including, 1972–73.
§ Mr. Denzil Davies,pursuant to his reply [Offical Report, 3rd March 1977; Vol. 927, c. 319], gave the following information:
Estimates of the total net amount chargeable to corporation tax for accounting periods ending in each financial year since 1972–73 are:
£ million 1972–73 7,200 1973–74 7,500* 1974–75 7,800* 1975–76 9,400* *Provisional