§ Mr. RowlandsTo ask the Chancellor of the Exchequer what estimate he has made of the amount of money raised through the Windfall Tax which has been raised from companies in Wales; and how much of the money raised from the Windfall Tax has been spent in Wales. [118057]
§ Mr. Andrew SmithThe liability of individual companies under the Windfall Tax is a confidential matter between them and the tax authorities.
Information on the allocation of the Windfall Tax receipts between the different programmes, as currently estimated, is set out in Table 4.1 of the Financial Statement and Budget Report, 2000. Many Windfall Tax funded programmes are demand-led, with expenditure allocated by participant and not by country, region or any other geographical area. For this reason it is not possible to provide a reliable and robust estimate of the amount which has been spent in Wales, so to the extent that relevant programmes are demand led it will tend to reflect the proportion of clients participating.