§ Mr. Chris SmithTo ask the Chancellor of the Exchequer what is his forecast for the cost to the Exchequer in 1991–92 and in a full year of the business expansion scheme.
§ Mr. Maude[holding answer 1 May 1991]: The cost of income tax relief for BES in 1990–91 is provisionally estimated as £120 million. It is too early to make a reliable estimate for 1991–92.