§ Mr. Nottasked the Chancellor of the Exchequer what is the estimated yield on taxation deducted from dividends under Schedule F in the fiscal year 1966–67 and the budget estimate for the fiscal year 1967–68.
§ Mr. MacDermotThe Income Tax which companies and public corporations paid over to the Revenue in 1966–67 in respect of dividends and interest was £414 million; the estimate for 1967–68 is £780 million. No accurate estimate of the tax on dividends alone is available.