§ 61. Mr. Kirby
asked the Chancellor of the Exchequer whether he has considered the "pay-as-you-earn" Income Tax scheme operated by Mr. Francis J. Ferrie, of a Merseyside ship-repairing firm; whether he is aware that the scheme works smoothly to the satisfaction of the management and the workers; and whether he will press its general application in other establishments which at present deduct Income Tax during the low wage period of the year?
§ The Financial Secretary to the Treasury (Mr. Assheton)
The scheme to which my hon. Friend refers is a domestic arrangement between the firm and its employees, and my right hon. Friend is not prepared to adopt the suggestion for its wider application. I may point out that the scheme in question is not founded on what is known as the "pay-as-you-earn" or current earnings basis, the possibility of introducing which is at present under consideration.