§ Mr. Wallaceasked the Chancellor of the Exchequer what he estimates the loss of revenue to the Exchequer would be if 25 per cent. tax relief on earnings of those engaged in work overseas for more than 30 days was restored in respect of merchant seamen.
§ Mr. MooreAbout £10 million in 1984–85 when the rate of relief has been halved to 12½ per cent and £20 million in 1985–86 and later years when the relief will have been fully withdrawn.