HC Deb 24 June 1969 vol 785 cc241-2W
Mr. Younger

asked the Chancellor of of the Exchequer (1) what is his estimate of the total net cost in a full year of selective employment tax after application of the increases contained in the 1969 Budget, on the service industries, the building and construction industries, and the agricultural industries, respectively, in Scotland;

(2) what is his latest estimate of the total amount paid in Scotland in a full year in regional employment premiums;

(3) what is his latest estimate of the total amount of selective employment tax premium payments in a full year in Scotland, after implementing the increases announced in the 1969 Budget;

(4) what is his latest estimate of the total amount of selective employment tax refunds, excluding premiums, in a full year in Scotland after implementing the increases announced in the 1969 Budget;

(5) what is his latest estimate of the gross yield of selective employment tax in a full year in Scotland after implementing the increases announced in the 1969 Budget.

Mr. Taverne

The latest estimates are set out below:

Full year after 1969 Budget changes
£ million
Scotland
Gross yield of S.E.T. 189
Refunds of S.E.T. 131
Cost to building and construction 23
Cost to other tax-bearing industries* 35
Additional element in S.E.T. premium payments† 10
Regional Employment Premium payments 40
* Apart from construction the main indusstries which bear the tax are the distributive trades, miscellaneous services, insurance and banking, and certain professional and scientific services. Agricultural employers are generally entitled to refund of the tax.
† Additional payments made to manufacturers over and above refund of the tax.