§ Mr. Hattersleyasked the Chancellor of the Exchequer what United Kingdom tax has been paid by the British Petroleum Company Limited in the last 10 years.
§ Mr. CallaghanI cannot say more about the tax affairs of a particular taxpayer than is revealed by published information. For some of the last ten years the accounts of the British Petroleum Company made provision for 283W United Kingdom tax; for other years the accounts showed a credit for tax which included a recovery out of taxed income of earlier years. Over the period the credits exceeded the provisions by over £16 million.