§ Mr. Barry FieldTo ask the Chancellor of the Exchequer if the new bounty proposed for the Merchant Navy Reserve is to be treated in the same way as the bounty paid to the Territorial Army and be free of tax.
§ Mr. Norman LamontThe tax position of the proposed bounty for members of the Merchant Navy Reserve cannot be settled until the precise obligations of reservists, which give rise to the payment, have been established. I understand these are currently under detailed consideration.