§ Mr. David Mitchellasked the Chancellor of the Exchequer whether information giving the numbers, names and addresses for all subcontracts placed during the previous year which the Inland Revenue requires building contractors to record on form 704 has already been given to the Inland Revenue on weekly returns; and, if it has, if he will take steps to eliminate this time-consuming duplication of work.
§ Mr. Robert Sheldon, pursuant to his reply [Official Report, 23rd May 1978; 745W Vol. 950, c. 552], gave the following information:
No, the weekly submission of vouchers to the Revenue does not include details of all contracts. The 704 end-of-year 746W return plays an important part in the security of the subcontractor scheme. It includes, for example, a request for certain information about payments not supplied to the Revenue during the course of the year.