§ Mr. Meacherasked the Chancellor of the Exchequer in each of the last 10 years how many persons claimed tax relief in respect of contributions for the purchase of retirement annuities under Section 226 of the Income and Corporation Taxes Act 1970 or the tax legislation it replaced; what were the total premiums allowed; what was the extent of relief of, respectively, income tax and surtax; and how much of this relief accrued to those with incomes respectively less than £1,000, £1,000 to £2,000, £2,000 to £5,000, and over £5,000.
§ Mr. Nott,pursuant to his reply [OFFICIAL REPORT, 5th November 1973; Vol. 863, c. 101–2], gave the following information:
The estimates are as follows:
I regret that estimates of the balance on all types of invisible transactions with the enlarged EEC are not at present available. Figures of transactions in the form of Government services and transfers with the original members of EEC were published in "UK Balance of Payments 1973" (the "Pink Book"), Table 12. Some information on other invisible transactions with the original members of the EEC in 1964 and 1969 was given in an article "The United Kingdom's invisible account 1962–72" in the Bank of England Quarterly Bulletin for June 1973.
223WConsideration is being given to estimating the United Kingdom invisible balance with the EEC by means which would entail the minimum of additional form-filling.