§ Mr. Pardoeasked the Chancellor of the Exchequer if he will estimate for the current tax year and for 1975–76 the revenue forgone by the relief from basic rate tax for payments under covenant to charities.
§ Mr. Robert SheldonRepayments of tax to charities in respect of payments under covenant amounted to about £30 million in 1975–76. It is expected that the figure for 1976–77 will be about the same.