§ Sir W. Elliottasked the Chancellor of the Exchequer what are the number of cases in which a shortfall assessment was made under the provisions of Section 289 of the Taxes Act 1970 and the supplementary provisions in that Act relating to shortfall distributions, in the years of assessment 1971–72, 1972–73 and 1973–74, respectively.
§ Dr. GilbertI regret that information in the precise form asked for is not available. The estimated number of shortfall assessments by year ending in October for which the tax is payable is as follows for the three latest years:
Year ending October Estimated number of assessments 1972 10,900 1973 9,200 1974 7,350