HC Deb 01 February 1983 vol 36 cc81-2W
Mr. Iain Mills

asked the Chancellor of the Exchequer if he will introduce legislation to give discretionary powers to Her Majesty's Inland Revenue on the application of interest generated by late payment of tax where the late payment was due to delays caused by prolonged assessment by the district valuer.

Mr. Ridley

Where a substantial delay on the part of the Inland Revenue gives rise to an interest charge, the Revenue has discretion to mitigate or remit the interest charge otherwise due. Such consideration is also given to cases involving the valuation office.