HC Deb 22 June 1965 vol 714 cc170-1W
44. Dame Irene Ward

asked the Chancellor of the Exchequer what will be the total sum of money involved for the North-East Coast in the first year by the reduction in the investment allowance, compared with the rate applied in the last appropriate financial year.

Mr. Callaghan

I regret that this information is not available. The Corporation Tax rate will be lower than the combined rate of Income Tax and Profits Tax.