§ Mr. Viggersasked the Chancellor of the Exchequer if he will take steps to arrange for tax assessments on ticket touts to be based on an estimate of their profits.
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§ Mr. Robert Sheldon,pursuant to his reply [Official Report, 5th July 1978; Vol. 953, c. 185], gave the following information:
The law already provides, in certain circumstances, for tax to be based on an estimate of profits, but there are obvious practical difficulties in identifying those involved in the sort of activities referred to in the Question.