HC Deb 03 July 1998 vol 315 cc321-2W
Mr. Cousins

To ask the Chancellor of the Exchequer how many pensioner shareholders with no tax liability currently recover tax credits directly; and how much these recovered tax credits cost in the last three financial years. [47691]

Dawn Primarolo

It is estimated that some 300,000 shareholders aged 65 or over with no income tax liability received payments of dividend tax credits totalling around £20 million in 1995–96. Similar information is not yet available for 1996–97 or 1997–98.

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