HC Deb 01 February 1978 vol 943 c229W
Mr. Arthur Lewis

asked the Chancellor of the Exchequer whether, as a means of increasing the national revenue and to assist in money being invested in new plant and equipment, he will arrange for all donations, gifts and payments made by public companies to political parties and for political purposes to be taxed by 50 per cent.; and what income to the Treasury would have accrued on this basis if applied during the latest most convenient years.

Mr. Robert Sheldon

No, and the information on which to calculate the answer to the second part of the question is not available.