HC Deb 07 April 1964 vol 692 c778
7. Miss Quennell

asked the Chancellor of the Exchequer what is the administrative cost to his Department in distinguishing for taxation purposes between unearned and earned income.

Mr. Boyd-Carpenter

I regret that it is not possible to make a precise estimate, but the cost is quite small.

Miss Quennell

May I ask my right hon. Friend whether he is aware that owing to the rather indefinite nature of that Reply, it is conceivable that the net receipts are less than the net costs of this differentiation?

Mr. Boyd-Carpenter

As I explained when my hon. Friend asked broadly the same Question this time last year, both these forms of tax are collected by the same officers and the same offices and the additional cost is very small.

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