HC Deb 29 October 1975 vol 898 cc533-4W
Mr. Trotter

asked the Chancellor of the Exchequer what is his estimate of the amount of the additional revenue likely to be raised by taxing the benefit received by employees in respect of insurance against the cost of medical treatment; and what would be the figure if the benefit were only assessed on those employees in receipt of emolument of over £5,000 as in the case of other benefits in kind.

Mr. Robert Sheldon

Information on which to base a precise figure is not available, but it is estimated that the total yield for 1976–77 is likely to be between £5 million and £10 million. Information relating the yield to earnings levels is not available.

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