§ Miss Richardsonasked the Chancellor of the Exchequer how much tax relief in total was given on covenants to charity in each of the last five years (a) in cash terms and (b) at constant 1980–81 prices; and if he will state for each year the basic rate of income tax.
§ Mr. RidleyThe information is as follows:
£ million £ million at 1980–81 prices Basic rate of income tax per cent. 1976–77 35 60 35 1977–78 40 60 34 1978–79 45 60 33 1979–80 55 65 30 1980–81 65 65 30