Mary O'Rourke
Question:42 Mrs. O'Rourke asked the Minister for Finance the cost to the Exchequer of a 25 per cent tax rate on company profits below £100,000; and the cost of a 30 per cent rate on the balance up to £250,000. [5849/97]
Written Answers. - Company Profits Tax.
Assuming the enactment of the changes proposed in this year's Finance Bill, the estimated full year cost to the Exchequer of the changes mentioned in the question is £40 million. This figure is provisional and is likely to be revised.