§ Mr. Freudasked the Chancellor of the Exchequer whether he will cause to be published and distributed a paper containing details of such tax benefits as exist for both corporate and private sponsorship of the arts; and whether he will make a statement.
§ Mr. Peter Rees[pursuant to his reply, 5 March 1981, c. 173]: I have noted this suggestion. The matter is, however, referred to in the Government's recently issued booklet entitled"The Arts are your Business" and is covered in detail in a booklet prepared in conjunction with the Inland Revenue and issued by the Association for Business Sponsorship of the Arts.