HC Deb 19 March 1975 vol 888 c455W
Mr. Hicks

asked the Chancellor of the Exchequer what is his estimate of the cost to the Revenue of re-classifying, for capital allowances purposes, the construction of hotels as industrial buildings.

Mr. Robert Sheldon,

pursuant to his reply [Official Report, 18th March], gave the following information :

About £25 million a year, but this estimate is subject to a wide margin of error.

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