Selective Employment Tax (Horse Racing)

HC Deb 05 December 1967 vol 755 c263W

64. Captain W. Elliot

asked the Chancellor of the Exchequer if he will take steps to relieve from Selective Employment Tax those affected by the official ban on horse racing.

Mr. Diamond

No.

LONG-TERM EXTERNAL INDEBTEDNESS OF H.M. GOVERNMENT
£ million
				1949 devaluation			1967 devaluation
Loan	Date of loan agree-	Sterling Value at date of loan	Change	Value of outstanding amount	Outstanding 25.10.51	Outstanding 15.10.64	Change	Value of outstanding amount
American Line of Credit	Dec. 1945	931	+408	1,339	1,339	1,125	+184	1,287
Lease/Lend	…	Dec. 1945	161	+66	217	216	177	+28	201
Canadian Line of Credit	Mar. 1946	297	+96	393	393	330	+53	376
Economic Co-operation Administration	Oct. 1948	86	+34	120	120	109	+16	115
Mutual Security	…	Mar. 1952	17	—	—	—	17	+2	18
							1,758