§ 47. Mr. Ralph Howellasked the Chancellor of the Exchequer what estimate he has made of the yield from redundancy payments during each of the last two years, on the basis that these payments were treated for income tax purposes as earned income.
§ Mr. Patrick JenkinOn the basis of the figures of redundancy payments given today by my right hon. Friend the Secretary of State for Employment, up to £20 million for the year ended 30th September, 1970, and about £25 million for the year ended 30th September, 1971.