§ Mr. GrayTo ask the Chancellor of the Exchequer what the value was of adjustments in favour of taxpayers resulting from compliance cases processed by the Large Business Office of Inland Revenue in each year since 1997–98; and in which years these sums were included in the Large Business Office's total compliance performance reported in Inland Revenue annual reports. [147949]
867W
§ Dawn PrimaroloThe figures for the value of adjustments in favour of taxpayers as a result of LBO inquiries are:
£ million 1999–2000 132 2000–01 75 2001–02 130 2002–03 209 Data to provide this analysis is not available for earlier years.
The amounts for 1999–2000 to 2001–02 were included in the total given for the effect of LBO interventions for those years. For 2002—03 only the amount for revenue favour adjustments was shown.
Adjustments are recorded for the year in which they are settled.