HC Deb 06 February 1970 vol 795 c234W
Mr. Sheldon

asked the Chancellor of the Exchequer what estimate he has made of the cost to the Exchequer of a reduction of 2½ per cent. in the rate of corporation tax.

Mr. Taverne

On the Basis of the Budget Estimate for 1969–70, £120 million for a full year.