HC Deb 14 April 1970 vol 799 cc206-7W
Earl of Dalkeith

asked the Chancellor of the Exchequer whether he will now take steps to introduce a traders' credit transfer system for the collection of taxes, including monthly payments of Pay As You Earn.

Mr. Taverne

The Inland Revenue has recently introduced National and Bank Giro facilities for the credit transfer of tax payments, including P.A.Y.E. tax. Customs and Excise are examining the possibilities in relation to both Bank and National Giro credit transfer facilities.

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