Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 18th July 1967.
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asked the Chancellor of the Exchequer, what is the present annual cost of collecting all forms of tax revenue.
About £115 million, or just over 3d. for every £1 of net revenue.
Does the figure include all the work done by individuals filling up a whole host of tax forms, and by chartered accountants and others trying to avoid taxation?
No, Sir. This is the cost to the Exchequer.
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