HC Deb 03 November 1995 vol 265 c505W
Mr. Bayley

To ask the Chancellor of the Exchequer if he will give the cost of tax relief in the latest available year for capital allowances to businesses with gross profits of(a) £1 million, (b) £2 million, (c) £3 million, (d) £4 million, (e) £5 million and (f) £10 million. [40770]

Mr. Jack

[holding answer 31 October 1995]: The latest estimates for 1995–96 are:

£ million
Business with gross profits (lower limit) Cost of Tax relief for capital allowances
10 3,500
1 500
2 500
3 300
4 300
5 1,100
10 9,000
Total 15,200
1 Includes businesses with current year losses.