§ Mr. Tony Banksasked the Chancellor of the Exchequer what guidance is issued by the Inland Revenue to companies seeking to offset against tax sponsorship of the Arts; and if he will publish such guidance in the Official Report.
§ Mr. MooreGuidance on the tax treatment of sponsorship payments may be found in a booklet "Tax Rules" issued by the Association for Business Sponsorship of the Arts with advice from the Inland Revenue.
§ Mr. Tony Banksasked the Chancellor of the Exchequer if he will take steps to introduce further tax concessions for business sponsorship of the Arts.