§ Mr. Brightasked the Chancellor of the Exchequer whether any cost/yield analysis has been made on Inland Revenu demands on the company sector; and whether he will publish the results.
§ Mr. Peter ReesI am not sure quite what my hon. Friend has in mind, but in the year 1979–80—the latest for which figures are available-the cost to the Inland Revenue of collecting corporation tax was about 0.6 per cent. of the net tax yield. For the stamp duties—which include capital duty—the cost/yield ratio was about 0.94 per cent.
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