HC Deb 30 June 1978 vol 952 cc704-5W
Mr. Madden

asked the Chancellor of the Exchequer if he will give the figures for the total amount of tax deferrals under the stock appreciation scheme in respect of private companies for the year up to the latest date when figures are available.

Mr. Denzil Davies

The current estimate of the accumulated net reduction in corporation tax payments by all companies to 31st March 1978 due to stock relief, is of the order of £4,500 million.

Separate details for private companies are not held centrally.