HC Deb 29 January 1960 vol 616 c72W
Mr. D. Price

asked the Chancellor of the Exchequer the loss of revenue to the Exchequer in a full year if commercial buildings were to be allowed as a charge for depreciation against tax in the same manner as industrial buildings.

Sir E. Boyle

About £33 million in a full year.

Mr. D. Price

asked the Chancellor of the Exchequer the estimated loss of revenue to the Exchequer in a full year if the starting point for Surtax were to be raised to £2,500, £3,000, £3,500, and £4,000, respectively.

Sir E. Boyle

If the starting points and the rates and income bands for Surtax were all moved up by £500, £1,000, £1,500, £2,000 the cost would be £27 million, £47, million, £63 million, £75 million respectively.