§ 2. Mr. Doverasked the Chancellor of the Exchequer what representations he has received about his intention to apply pay-as-you-earn tax to car and petrol benefits.
§ The Financial Secretary to the Treasury (Mr. Nicholas Ridley)As announced in the reply of 17 November to my hon. Friend the Member for Hertfordshire, South-West (Mr. Page), I have decided, in the light of representations received, to postpone the application of PAYE to car and petrol benefits for one year.
§ Mr. DoverDoes my hon. Friend accept that private industry will very much welcome that proposal because it will help it enormously at this difficult time?
§ Mr. RidleyExisting taxation arrangements will persist for the year in question. We hope to use the year in question to find a more suitable as well as administratively acceptable way of bringing about the intentions in the Finance Act.