HC Deb 17 December 1976 vol 922 c861W
Mr. Ridley

asked the Chancellor of the Exchequer what criteria the Inland Revenue is using to decide whether a construction company is issued with a 714P or a 714C tax exemption certificate.

Mr. Robert Sheldon

The inspector's decision depends on all the facts of the case, including the administrative needs of the company, the nature of its operations and how recently it has been formed.