§ Mrs. BeckettTo ask the Chancellor of the Exchequer what are the projected earnings in 1995–96, 1996–97 and 1997–98 from the tax on medical insurance premiums 1994–95. [15000]
§ Mr. Heathcoat-Amory[holding answer 20 March 1995]: Annex A to chapter 4 of the Financial Statement and Budget Report shows that receipts for IPT on all types of insurance is forecast to be £0.2 billion in 1994–95 and £0.7 billion in 1995–96. Data from the Family Expenditure Survey suggests that around 8 per cent. of this is due to medical insurance.