HC Deb 07 March 1967 vol 742 c233W
46. Mr. Wingfield Digby

asked the Chancellor of the Exchequer what he estimates to be the yield of an increase of 2½ per cent. in the rate of Corporation Tax.

Mr. MacDermot

On the basis of the 1966–67 estimates and allowing for consequential side effects on overspill relief and on the yield from Income Tax under Schedule F on dividends, etc., £78 million in a full year.