Enterprise Zones

HC Deb 15 March 1993 vol 221 cc80-1W

Mr. Frank Field

To ask the Secretary of State for the Environment if he will estimate the total cost of the enterprise zone scheme in terms of rate relief and capital allowances in each year since 1981.

Mr. Robin Squire

Approximate costs are as follows:

Year	Capital allowances1 £ million	Rates relief2 £ million
1981–82	35	9
1982–83	35	18
1983–84	25	23
1984–85	45	31
1985–86	80	40
1986–87	115	55
1987–88	90	69
1988–89	190	78
1989–90	150	101
1990–91	160	85
1991–92	—	75
1The method of calculating capital allowance costs is currently being reviewed by Inland Revenue and final estimates will not be available until the summer. The estimated costs incurred in 1991–92 are not yet known.
2The cost of rate relief in 1990–91 and 1991–92 has been estimated, following the introduction of the uniform business rate.