The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Denzil Davies
asked the Chancellor of the Exchequer if it is the practice of the Inland Revenue to tax as income payments received under the short-time working scheme which replaced temporary employment subsidy.
Mr. Peter Rees
[pursuant to his reply, 29 October 1979]: Payments to employers under the temporary short-time working compensation scheme which began on 1 April 1979 are, in the Revenue's view, trading receipts for tax purposes.