§ Mr. SpringTo ask the Chancellor of the Exchequer what is the total amount of tax rebates paid in each financial year since 1992–93 under the arrangements for charitable deeds of covenant. [90253]
§ Ms HewittBasic rate income tax repayments to charities since 1992–93, and estimates of higher rate tax relief, in respect of donations made under deed of covenant are shown in the table.
£ million Tax repayment to charities on covenants1 Higher rate tax relief on covenants 1992–93 197 25 1993–94 210 25 1994–95 224 25 1995–96 235 25 1996–97 251 35 1997–98 259 50 1998–992 290 55 1 Repayments are shown in the year in which the claim was made 2 Provisional