§ Mr. Ancramasked the Chancellor of the Exchequer what progress the Government have made in their review of the construction industry tax deduction scheme; and if he will make a statement.
§ Mr. Peter ReesThe Government have completed a preliminary review of the scheme. With my authority, the Board of Inland Revenue will now be sending a consultative paper to the main representative bodies in the industry; and copies of this paper will be placed in the Library. In the light of these consultations the Government intend to bring forward amending legislation as soon as possible.