§ Mr. Meacherasked the Chancellor of the Exchequer what he estimates to be the amount of surtax forgone by the Inland Revenue, for each of the last 10 years, as a result of corporate remuneration in the form of non-contributory pension schemes, stock options, and assistance with housing, children's education and car and travel expenses, respectively, detailed by each item separately.
§ Mr. Patrick JenkinThe hon. Member appears to be under a misapprehension. In general, gains on the exercise of stock options (since 1966) and remuneration in the form of assistance with housing, children's education and car and travel expenses are liable to tax. For the rest, information is not available on which to base the desired estimates.