asked the Minister for Finance in respect of the tax years 1986-87 and 1987-88 the number of companies approved under the business expansion scheme; and the cost to the Exchequer of tax relief to investors in these companies.
Written Answers. - Business Expansion Scheme.
69.
Following is the information requested:
Year ended 5 April |
Number of companies approved for investment |
Cost to the Exchequer of tax relief to investors in those companies |
£m |
||
1987 |
86 |
3.4 |
1988 |
134 |
5.6 |