§ Sir B. Rhys Williamsasked the Chancellor of the Exchequer what would be the cost in loss of revenue of making regular travel to work by rail a permissable deduction from income for tax purposes; and what would be the further cost if the concession were extended to passengers using season tickets for all methods of public transport in the Greater London area.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 16th November 1976; Vol. 919, c. 510], I regret that the information needed to make precise estimates of the current cost of allowing tax relief on expenditure on travel to work by rail, excluding London Transport Underground is not available but it could be expected to exceed £60 million. The additional cost of extending the concession to expenditure on all types of tickets for travel to work on London Transport (Bus and Underground) would probably exceed £35 million.