§ Mr. Bestasked the Chancellor of the Exchequer if he will estimate the increase in employment prospects if employment of labour were tax deductible by the individual taxpayer.
§ Mr. Bestasked the Chancellor of the Exchequer if he will estimate the fiscal implications and effect on the black economy of enabling employment of labour by the individual taxpayer to be tax-deductible.
§ Mr. MooreI am afraid that it is not possible to quantify the effects of this proposal, but the resulting reduction on the yield of income tax could be very substantial. I do not consider that the approach would he an appropriate means of seeking to deal with the black economy.