§ Mr. Austin Mitchellasked the Chancellor of the Exchequer what is his estimate for 1987–88 of the taxable value of benefits subject to (i) special and (ii) general rules, together with the estimated revenue therefrom.
§ Mr. Norman Lamont[pursuant to his reply, 25 March 1987, c. 215]: Available information, based on projections from 1983–84, the latest year for which detailed data are available, is as follows:
1987–88, Benefit provided by employer Taxable value Tax yield Cars and free fuel for private use 1,300 460 Private medical insurance 130 50 Other expense payments and benefits 320 120 Total 1,750 630