HC Deb 14 July 1983 vol 45 cc396-7W
Mr. Tim Smith

asked the Chancellor of the Exchequer what is the overall change in the revenue to the Exchequer from that previously forecast resulting from the exclusion from the Finance Bill of 50 clauses appearing in the Finance Bill of last Session.

Mr. Ridley

Those clauses in last Session's Finance Bill, which are neither in Finance Act 1983, nor in the summer Finance Bill, nor in the proposed autumn oil taxation Bill, would have had a net direct revenue cost of £4 million in 1983–84. There is thus a net yield to the Revenue of this amount, by comparison with that previously forecast. Further statements about these provisions will be made soon.

Forward to