§ Mr. Trotterasked the Chancellor of the Exchequer whether it has been the practice for assessments under section 66 of the Finance Act 1976, which provides for assessment to a notional benefit for a director to whom a loan has been made by a company, to be raised in all cases, even when the loan has been subsequently repaid although tax had been paid under section 286 of the Taxes Act 1970 in respect of the loan period; and how many assessments under section 66 have been made in each year.
§ Mr. Peter ReesI shall let my hon. Friend have a reply as soon as possible.