HC Deb 02 May 1980 vol 983 cc699-700W
Mr. Faulds

asked the Chancellor of the Exchequer (1) whether, with reference to his written answer to the hon. Member for Warley East, Official Report, 15 April, c. 615, it is a fact consequent upon that answer that the Commissioners of Inland Revenue are financially advantaged in so far as they withhold from tax debtors, by means of the application of an administrative accounting practice, a proportion or percentage of the benefit of the tax exemption which is provided for without qualification under statue, in respect of objects so exempted which are accepted by those Commissioners for the purpose of satisfying tax debts payable on other property;

(2) whether, with reference to his written answer to the hon. Member for Warley East, Official Report, 24 April, c. 266, that no tax or interest on that tax is taken into account in respect of objects accepted in satisfaction of capital transfer tax charged on other property, he will state the basis on which the interest waived was calculated in the instances referred to in his written answers to the hon. Member for Warley, East, Official Report, 31 October 1979, c. 525, and Official Report, 12 February, c. 601.

Mr. Peter Rees

I shall let the hon. Member have a reply as soon as possible.