§ Mr. McKayasked the Chancellor of the Exchequer what relief in taxation a married man with no children receives in 136W 1957–58 if his earned income is £8,000 per year, and he subscribes £1,000 per year to a company's staff superannuation scheme; and what relief in Profits Tax and Income Tax a company gets if it pays the same amount to the scheme in respect of such a member of its staff.
§ Mr. P. ThorneycroftThe answer to the first part of the Question depends or the nature of the scheme, and on various other factors. The relief to the company for an ordinary annual contribution of £1,000 would be £455.