§ Mr. Stratton Millsasked the Chancellor of the Exchequer what is the amount of money received in each of the last three years in interest on outstanding income tax ; how much of this was collected in this period on amounts between £1,000–£2,000, £2,000–£3,000 and over £3,000 ; and what was the administrative expense involved in each category.
§ Mr. NottGross receipts of interest on overdue income tax in the last three accounting periods—ended on the last Friday in October—for which figures have so far been extracted were:—
£000 A/C 70 3,604 A/C 71 4,356 A/C 72 5,004 These figures largely exclude interest on under-assessed income tax, the great bulk of which is not recorded separately. The further information requested is not available.