§ Mr. Austin Mitchellasked the Chancellor of the Exchequer whether he plans to increase investment incentives in view of the large amount of unclaimed reliefs under corporation tax.
§ Mr. WakehamThe future of investment incentives is discussed in the Green Paper on corporation tax on which the Government have invited views.
§ Mr. Austin Mitchellasked the Chancellor of the Exchequer what is the total amount of reliefs currently unclaimed under corporation tax.
§ Mr. WakehamThe most recent figure of reliefs and allowances claimed but not yet used against profits is some £30 billion—excluding public corporations.