HC Deb 08 May 1968 vol 764 c112W
Mr. Sheldon

asked the Chancellor of the Exchequer what estimate he has made of the extra revenue to be gained on the basis that Corporation Tax is raised to 45 per cent.

Mr. Harold Lever

£80 million in a full year (£55 million in the first year), taking into account the effect upon the yield of Schedule 12 Income Tax.

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