44. Earl of Dalkeithasked the Chancellor of the Exchequer what is his estimate of the loss of revenue by the cancellation of selective employment tax on the construction industry in Scotland and the North-East Region of England, respectively.
§ Mr. Maurice MacmillanI regret that I cannot give figures precisely as my hon. Friend wants. The best and latest estimates I can make are of the order of £19 million in respect of Scotland and £10 million in respect of the whole of the Northern Region.
§ 49. Mr. John D. Grantasked the Chancellor of the Exchequer what steps he will take to ensure that the consumer benefits directly from the proposed abolition of selective employment tax.
§ Mr. Maurice MacmillanHow far prices will be reduced will depend on how far the tax has been passed on and on competitive conditions.
§ 55. Mr. Roger Whiteasked the Chancellor of the Exchequer when he now proposes to seek the removal of selective employment tax.
§ Mr. BarberProposals for the abolition of S.E.T. will be laid before the House at the appropriate time.
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§ Mr. MacArthurasked the Chancellor of the Exchequer what estimate he has made of the net cost to Scotland of the selective employment tax since its inception until the latest convenient date.
§ Mr. HigginsThe estimate for 1967–68 is £30 million. There are difficulties in making estimates other than for complete financial years in which there has been no change in the rate of tax.