§ Mr. MandelsonTo ask the Chancellor of the Exchequer what was the sum of tax repaid to(a) pension funds, (b) insurance companies, (c) oil companies and (d) other companies in each year since 1986–87.
§ Mr. DorrellAvailable information is as follows:
Income tax repayments and tax credits to: £ million Pension funds Insurance companies Other companies 1986–87 1,187 553 270 1987–88 1,799 803 476 1988–89 1,826 1,021 336 1989–90 2,126 988 403 1990–91 2,294 1,417 437 1991–92 2,199 1,841 529 1 1992–93 2,000 1,800 650 1 Provisional. These estimates are based on a sample survey of income tax repayments and payments of tax credits.
10W
Petroleum revenue tax repayments to oil companies: £ million 11986–87 19 1987–88 253 1988–89 666 A further recovery operation was mounted by Customs over the period 25 September to 1 October 1993 and another is planned.
Customs is committed to inter-agency co-operation and already works closely with other Government services, including both the Royal Navy and HM Coastguard. Such co-operation includes joint operational activities, together with the use of vessels and other equipment.