HC Deb 19 May 1981 vol 5 cc57-8W
Sir David Price

asked the Chancellor of the Exchequer (1) what representations he has received as to the feasibility of employers being able to implement the proposals in clause 64(2) of the Finance Bill 1981 that employers should be required to determine the cash equivalent of certain benefits and to apply the normal pay-as-you-earn procedures to them without the receipt of a specific notice of a change in coding from Her Majesty's inspector of taxes;

(2) what representations he has received as to the ability of employers to bear the compliance costs of implementing clause 64(2) of the Finance Bill 1981, and whether he has formed any conclusions in respect of those representations;

(3) what representations have been received by Her Majesty's Treasury or by the Inland Revenue in response to the two consultative papers on benefits in kind, namely, the "Taxation of Cars and Petrol as Benefits in Kind" of 17 August 1979 and "Benefits in Kind—Consultations" of 30 May 1980; and whether he has formed any conclusions in respect of those representations.

Mr. Peter Rees

[pursuant to his reply, 30 April 1981, c. 454]: A number of representations were received in response to the two consultative papers. The relevant provisions of the 1980 Finance Act and this year's Finance Bill indicate the main conclusions reached in respect of those representations.

Some informal representations have been received about clause 64 of the Finance Bill and its effect on employers' costs, and these are now under consideration prior to Standing Committee when the clause and its implications for employers can be examined in detail.