HC Deb 03 November 1993 vol 231 c257W
Mr. Cousins

To ask the Chancellor of the Exchequer if he will place in the Library a copy of the rules and other guidance covering access to tax reliefs on developments in enterprise zones whose time has expired.

Mr. Dorrell

A person incurring capital expenditure on the construction of a building in an enterprise zone under a contract entered into during the life of the zone is entitled to claim the 100 per cent. capital allowances available, provided that the expenditure is incurred within 10 years of the expiry of the zone.

Year Total Capital gains Schedule D tax Corporation tax PAYE
1978–79 11,041 135 5,873 560 4,473
1979–80 10,648 148 5,701 584 4,215
1980–81 10,222 143 5,529 597 3,953
1981–82 10,124 126 5,747 409 3,842
1982–83 10,221 116 5,673 390 4,042
1983–84 10,171 113 5,570 394 4,094
1984–85 9,339 92 4,674 557 4,016
1985–86 8,443 92 4,596 559 3,196
1986–87 7,989 85 4,472 530 2,902
1987–88 7,795 105 4,250 538 2,902
1988–89 7,866 121 4,243 571 2,931
1989–90 7,879 92 4,243 570 2,974
1990–91 7,846 79 4,410 549 2,808
1991–92 8,187 70 4,376 532 3,209
1992–93 8,410 69 4,730 492 3,119

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