HC Deb 03 June 1960 vol 624 c176W
Mr. Sydney Irving

asked the Chancellor of the Exchequer the approximate total number of deeds of covenant in operation for Income Tax purposes during the latest year for which figures are available; and the average amount involved in each covenant made by those who paid only Income Tax and by those who paid both Income Tax and Surtax, respectively.

Mr. Barber

About one million. The average amount for all cases is estimated to be somewhat under £50; separate estimates for Income Tax payers and Surtax payers cannot be made.