§ Mr. Wigginasked the Chancellor of the Exchequer what is the cost to the Revenue of the present extra-statutory concession which allows luncheon vouchers to be received tax free up to 15p a day; and what would be the estimated cost of increasing the limit from 15p to 75p per day.
§ Mr. Robert SheldonThe 15p concession costs about £10 million a year, and assuming that an increase were fully taken up by those at present providing luncheon vouchers, to increase it to 75p would cost a further £40 million.