HC Deb 11 November 1982 vol 31 c246W
41. Mr. Squire

asked the Chancellor of the Exchequer what would be the cost of abolishing the employers' surcharge for 1983–84.

Sir Geoffrey Howe

About £1.8 billion, after taking account of the proposed reduction in the rate to 1½ per cent. The cost in respect of the private sector would be about £1.2 billion.

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