City Bonuses

Mr. Meacher
To ask the Chancellor of the Exchequer if he will investigate how much of the City bonuses paid at the end of 2006 was paid (a) via offshore trusts and (b) in currencies other than sterling, euros or dollars; and if he will estimate the effect on the tax liabilities of the recipients of those means of payment.

Dawn Primarolo
The information about the way in which City bonuses are paid is not available.