§ Mr. Robert Sheldonasked the Chancellor of the Exchequer what is the amount of revenue obtained from taxes in insolvency cases where the Inland Revenue makes use of its position as a preferential creditor.
§ Mr. Lawson[pursuant to his reply, 7 May 1985, c. 365]: It is estimated that between £14–20 million, of which 31W PAYE would account for some £10–14 million, is collected annually by the Inland Revenue as a preferential debt.