§ Mr. Sternasked the Chancellor of the Exchequer if he will amend the regulations governing the requirement to submit form P11D for 1986–87 and subsequent years, so that the salary level at which such a form becomes necessary for each employee is set at a level above £8,500, including all expenses reimbursed.
§ Mr. MooreNo. Payment in kind is just as much a form of remuneration as payment in cash and it remains our aim to ensure that one is not treated more favourably for tax purposes than the other.