§ Mr. Trotterasked the Chancellor of the Exchequer how many applicants for tax exemption certificates in the construction industry have: (a) had certificates granted, (b) been refused certificates and (c) had their applications referred back for further investigation; and what have
240Wa wife and two children under 11 years of age, (c) his national insurance contributions, (d) his mortgage payments, assuming in the first of these weeks a new 20-year loan of twice his annual income, subject to interest at the building society recommended rate, and assuming further that the terminal date of the mortgage has remained unchanged, (e) his net disposable income after deducting items (b) to (d), and (f) his net disposable income at January 1975 prices; and if he will also give similar information based on comparable assumptions for men initially earning £3,000 and £4,000 a year.
§ Mr. Robert Sheldon,pursuant to his reply [Official Report, 13th January 1977; Vol. 923, c. 573], circulated the following information:
been the reasons for certificates not being granted.
§ Mr. Robert Sheldon,pursuant to his reply [Official Report, 18th January 1977; Vol. 924, c. 109], gave the following reply:
At the most recent count, on 10th December 1976, 192,600 applications had been approved, 22,210 had been refused 241W and 56,853 were under inquiry. Certificates have been refused where the applicants have failed to meet one or more of the conditions laid down in Schedule 12 to the Finance (No. 2) Act 1975.