Expenses and Benefits(P.11D Forms)

HC Deb 20 January 1970 vol 794 cc94-5W

Mr. Tom Boardman

asked the Chancellor of the Exchequer (1) how many directors and other employees earning over £2,000 per annum were listed by employers on returns to the Inland Revenue as having no expenses or benefits in the year ended 5th April, 1968;

(2) what was the total of the expenses and benefits returned on forms P.11D for the year ended 5th April, 1968;

(3) what was the aggregate income assessed to tax and the yield in tax in consequence of returns on Forms P.11D for the year ended 5th April, 1968;

(4) how many forms P.11D were returned by employers to the Inland Revenue for the year ended 5th April, 1968.

Mr. Taverne

About 440,000 P.11D forms including expenses and benefits, totalling about £185 million were received for 1967–68. The total amount charged to tax after deducting admissible expenses was about £25 million, yielding about £12 million in tax. The number of nil returns is not known.