asked the Minister for Finance if he will state, in respect of each of the years from 1982 to 1985 the actual or estimated amount of motoring expenses disallowed in accordance with section 32 of the Finance Act, 1976; and the actual or estimated amount of corporation tax paid in respect of such disallowed expenses.
Written Answers. - Motoring Expenses.
85.
To determine accurately the amount of motoring expenses disallowed under the provisions of section 32 of the Finance Act, 1976, and the yield of corporation tax to the Exchequer arising from the expenses so disallowed for each of the years in question would require identification of the cases involved and an individual examination of all the corporation tax returns of such cases. Such an examination could only be carried out at a disproportionate cost. However, it is tentenatively estimated that the net yield of income tax and corporation tax to the Exchequer for the current income tax year is of the order of £23 million in respect of disallowed motoring expenses estimated at £100 million.