Part of Oral Answers to Questions — National Finance – in the House of Commons am 12:00 am ar 18 Ebrill 1991.
Mr Robert Sheldon
Chair, Public Accounts Committee, Chair, Public Accounts Committee
12:00,
18 Ebrill 1991
I welcome the number of clauses in the Finance Bill that deal with business taxation. Is the Chancellor aware, however, that it is estimated that perhaps £2 billion of the amount that he will receive from corporation tax will be a tax on inflation? That will seriously affect the cash flow of a number of companies. Cannot the Chancellor take further action to help companies at serious times?
