§ Mr. WallaceTo ask the Chancellor of the Exchequer what proposals he has to consult interested parties regarding any future amendment of section 20A of the Taxes Management Act 1970; and if he will make a statement.
§ Mr. DorrellThe Inland Revenue is at present consulting the accountancy and legal professions over its draft guidance notes on the use of section 20A. The Government will be considering how to take the matter forward in the light of any responses to the draft guidance notes and the points made in Committee.