HC Deb 20 July 1989 vol 157 cc261-2W
Mr. Devlin

To ask the Chancellor of the Exchequer whether any changes are planned to the rules for claiming reliefs when the new system of pay and file for companies comes into operation.

Mr. Norman Lamont

The new arrangements for the assessment and payment of corporation tax by companies, known as corporation tax pay and file, are due to come into force in 1993 on present plans. The Inland Revenue has been discussing with a group of representatives of companies and professional practitioners details such as the design of the new corporation tax return and the way in which claims to relief would be made under pay and file. They will be reporting the outcome of these discussions to my right hon. Friend the Chancellor of the Exchequer for his decisions.