§ Mr. Knoxasked the Chancellor of the Exchequer what was the cost of collecting income tax in the most recent year for which figures are available; and what percentage of the revenue this represented.
§ Mr. RidleyThe estimated cost of collecting income tax in 1980–81, the latest year for which the necessary information is available, was £572 million. This represents about 2.3 per cent. of the revenue collected.