§ Mr. Mike Thomasasked the Chancellor of the Exchequer whether, pursuant to his statement of 26th March1974 [Official Report, column 318], it is still his intention that aggregation of children's investment income with that of their parents will recommence as from April 1975.
§ Mr. DellMy right hon. Friend said in his Budget Statement
In order to lighten the load on this year's Finance Bill. I have thought it right to impose a strict order of priorities and accordingly to postpone some measures which in another year I would have regarded as highly desirable. Our programme, set out in the manifesto, is of course the programme for a Parliament".—[Official Report, 15th April 1975; Vol. 890, c. 311.]For this reason it will not be possible to introduce the aggregation of children's investment income in the current financial year.