§ Mr. Barnettasked the Chancellor of the Exchequer what estimate he has made of the administrative cost to his Department and to taxpayers of issuing purchase tax certificates for one year only as opposed to issuing such certificates for a number of years.
§ Mr. Taverne:I cannot make a realistic estimate of the difference in cost. However experience of the working of the present arrangement confirms that it represents a fair balance between administrative convenience and the need to safeguard the revenue, and I do not consider that any change is called for.