HC Deb 15 March 1978 vol 946 c237W
Mr. Ron Thomas

asked the Chancellor of the Exchequer what is his estimate of the cumulative total tax relief to companies under the stock relief scheme from its inception to the present day.

Mr. Robert Sheldon

The current estimate of the accumulated net reduction in corporation tax payments to 31st March 1978 resulting from stock relief is of the order of £4,500 million.

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