§ Mr. Knoxasked the Chancellor of the Exchequer what information is collected by his Department about business insolvencies in which (a) the Commissioners of Customs and Excise and (b) the Commissioners of Inland Revenue are creditors.
§ Mr. RidleyThe Commissioners of Customs and Excise collect the following information in respect of insolvencies in which they are creditors:
- (a) The total number of claims made for each type of duty and tax.
- (b) The total amount of moneys claimed.
- (c) The total amount of moneys subsequently received by way of dividend.
The Inland Revenue collects the following information:
- (a) The number of bankruptcy proceedings initiated by the Board of Inland Revenue.
- (b) The number of winding-up proceedings (i) initiated by the board or (ii) initiated by another creditor but supported by the board.
- (c) The number of receiving orders obtained on the board's petition.
- (d) The number of winding-up orders issued (i) on the board's petitions or (ii) on other creditors' petitions but supported by the board.
No information is collected on the total number of insolvencies in which the Commissioners of Inland Revenue are creditors or on the amount of moneys claimed or received in insolvencies.