HC Deb 18 March 1985 vol 75 c390W
Mr. Deakins

asked the Chancellor of the Exchequer what has been the change in real terms since 1978–79 in the amount of taxation paid by companies.

Mr. Moore

Including companies operating in the North Sea, an increase of about 100 per cent.

Sir Brandon Rhys Williams

asked the Chancellor of the Exchequer what is the current rate of tax payable by companies in respect of income derived from assets in the ownership of the company; and what is the rate of tax payable when such assets are transferred to the pension fund of the company.

Mr. Moore

I shall let my hon. Friend have a reply as soon as possible.

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