§ Mr. Peter Reesasked the Chancellor of the Exchequer what instructions he has given the Board of Inland Revenue as to their exercise of the powers given them by Section 481 of the Income and Corporation Taxes Act, 1970 to avoid submitting taxpayers to irrelevant questioning.
§ Mr. Patrick JenkinNone. The power given to the Board of Inland Revenue under Section 481 of the Income and Corporation Taxes Act, 1970, is to require such particulars as it thinks necessary for the purposes of the provisions relating to transfers of assets abroad.