HC Deb 12 February 1969 vol 777 cc335-6W
Mr. Waddington

asked the Chancellor of the Exchequer what was the total sum advanced to the Exchequer during the month of January 1969 by way of the Import Deposits Scheme and Selective Employment Tax payments which will later fall to be refunded.

Mr. Harold Lever

I estimate that the average amount of S.E.T. paid by private sector employers each month and subsequently refunded is currently about £60 million. As regards the Import Deposit Scheme, I would refer the hon. Member to the second part of the reply given to the hon. Member for Leicester, South-West (Mr. Tom Boardman) on 5th February.—[Vol. 777, c. 117.]

Mr. Ridley

asked the Chancellor of the Exchequer if he will give the total amount of Selective Employment Tax held by the Government which was due to be repaid in refunds at each of the following dates: 1st October, 1967, 1st January, 1968, 1st April, 1968, 1st July, 1968, 1st October, 1968 and 1st January, 1969.

Mr. Harold Lever

I estimate that the amount of S.E.T. due to be refunded to private sector employers at the following dates was:

£ million
1st October, 1967 … … … 114
1st January, 1968 … … … 117
1st April, 1968 … … … 115
1st July, 1968 … … … 120
1st October, 1968 … … … 145
1st January, 1969 … … … 183

Mr. Sheldon

asked the Chancellor of the Exchequer if he will make a statement on the working of the Import Deposits Scheme.

Mr. Roy Jenkins

The administration of the scheme is working smoothly. As to the amounts collected, I would refer my hon. Friend to the answer my hon. Friend the Financial Secretary gave to the hon. Member for Leicester, South-West Mr. Tom Boardman) on 5th February.—[Vol. 777 c. 117.]