§ Mr. Copeasked the Chancellor of the Exchequer what were the total dividends paid by close companies in 1973–74, the number of assessments made under Schedule 16 to the Finance Act 1972 —shortfall apportionments—and the revenue raised therefrom.
§ Mr. Joel BarnettI regret that no information on dividends paid by close companies is available. Apportionments are normally made some time after the end of the accounting period. During 1973–74, 37 notices of apportionment were issued, almost entirely in cases of companies in liquidation 976 notices 117W were issued during 1974–75. No information is available on the amount of revenue raised as a result of such apportionments.