HC Deb 30 October 1997 vol 299 cc880-1W
19. Mr. Brake

To ask the Chancellor of the Exchequer what representations he has received from the London borough of Sutton concerning the effect of abolition of the advance corporation tax refund on local authorities. [12667]

Mr. Geoffrey Robinson

The leader of the council of the London borough of Sutton wrote to the Government on 22 July about the impact of the loss of these tax credits to local authority pension funds. In my reply to him, I explained that the extent to which these changes affect local authority budgets will depend on the overall judgments made by the funds? actuaries as they undertake revaluations due from next year.

37. Mr. Paice

To ask the Chancellor of the Exchequer what estimate he has made of the total pension fund available at the age of 65 years to an individual currently aged 35 years who remains on average earnings throughout his working life as a result of his changes to ACT. [12685]

Dawn Primarolo

No estimate is available.