Personal Equity Plans

HC Deb 01 March 1993 vol 220 c25W

Mr. John Marshall

To ask the Chancellor of the Exchequer how many personal equity plans have been taken out in each of the last three years; and what was the cost to the Exchequer of the associated tax reliefs.

Mr. Dorrell

The available information is as follows:

	Number of plans taken out (thousands)	Estimated total cost of income tax relief (£ million)
	General	Single company
1 1989	580	—	20
1990–91	500	—	45
2 1991–92	640	110	90
1 And first quarter of 1990.
2 Provisional.