Mr. Edward M. Taylorasked the Chancellor of the Exchequer what plans he has to adjust the levels of income and other taxes when decimal currency is introduced.
§ Mr. TaverneThis year's Finance Act has made several changes in preparation for decimalisation, and I made a statement about stamp duties on 16th June. Tax rates in a decimal system will depend on the Budgetary requirements of the time, and I have no further statement to make at present.—[Vol. 785, c. 63.]