Profit-related Pay

HC Deb 17 May 1993 vol 225 c13W

Mr. Spellar

To ask the Chancellor of the Exchequer what was the estimated cost in 1991–92 and 1992–93 of tax forgone by the Inland Revenue through profit-related pay schemes.

Mr. Dorrell

The latest information is as follows:

Estimated cost of income tax relief
	£ million
1991–92	40
11992–93	200
1 Provisional.