§ Mr. Ernie Ross
asked the Chancellor of the Exchequer how much (a) income tax, (b) capital gains tax and (c) corporation tax has been paid, respectively, under section 38 of the Finance Act 1973 in each year since the financial year 1973–74.
§ Mr. Peter Rees
[pursuant to his reply, 2 March 1981, c. 7–8]: About £50 million PAYE tax from offshore activities is estimated for 1980–81. Corporation tax paid to 31 January 1981 by companies liable under S.38 is about £60 million. The other information requested is not readily available.