§ Mr. Kirkwood
asked the Chancellor of the Exchequer if he will make a statement on the Government's plans to reform the system of tax allowances available to married couples.
§ Mr. Norman Lamont
I announced in the Budget debate that the Government would not be going ahead at this stage with the system of independent taxation with transferable tax allowances discussed in last year's Green Paper "The Reform of Personal Taxation". We are now considering whether there is a satisfactory halfway house to the approach in the Green Paper.