Fringe Benefits

HC Deb 03 December 1975 vol 901 cc651-2W

Mr. Madden

asked the Chancellor of the Exchequer how much revenue has been received each year since 1960 by the Exchequer from the taxation of fringe benefits; how many persons, in the latest year for which the information is available, were charged to this tax at broad income levels above £5,000 a year; on what types of fringe benefit tax was payable; what were the tax receipts on each type; what was the extent of tax reliefs and allowances

Mr. Gregor Mackenzie

The basic information is published in the Post Office's Report and Accounts from which the following table has been derived:

granted on such charges to tax; and how the tax payable was split between business employees, company directors and companies.

Mr. Robert Sheldon

The rules governing the types of benefit on which tax is payable are contained in Chapters I and II of Part VIII of the Income and Corporation Taxes Act 1970, as amended. I regret that the information is not available on which to provide answers to the remainder of the Question.