§ Mr. Wakehamasked the Chancellor of the Exchequer whether he will ask the Board of Inland Revenue to report to him on the advantages of granting discretion to the Inland Revenue to defer the reckonable date from which interest on overdue tax returns in cases where the present system causes difficulties.
§ Mr. Robert Sheldon,pursuant to his reply [Official Report, 25th January 1977; Vol. 924, c. 591], gave the following information:
I am not aware that the present system of charging interest on tax which is overdue is giving rise to any special difficulty, but if the hon. Member has any particular examples in mind and will write to me I will look into the matter.