Written question asked by Gerald Bermingham (Labour) on Monday, 16 February 1998, in the House of Commons. It was due for an answer on Thursday, 19 February 1998. It was answered by Baroness Primarolo (Labour) on Thursday, 19 February 1998 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, when the Government plans to require one-off payments to be made in respect of the acceleration in the income tax and national insurance paid by persons affected by the proposed income tax changes for professionals referred to in an Inland Revenue press statement of 22nd December 1997.

Answer: Mr. Bermingham: To ask the Chancellor of the Exchequer when the Government plan to require one-off payments to be made in respect of the acceleration in the income tax and national insurance paid by persons affected by the proposed income tax changes for professionals referred to in an Inland Revenue press statement of 22 December 1997. [30396] Dawn Primarolo: The proposal to withdraw the cash basis practices available to professionals has been the subject of a consultation process which ended on 14 February 1998. We are now reviewing the proposal in the light of the comments received. The final shape of the proposed legislation, including the phasing of its implementation, will not be announced in advance of my right hon. Friend's Budget.

Secondary information

Type: Written question
Reference: 30396; 306 c798W;306 c796W
Session: 1997-98
Registered interest declared: Yes
Subjects: Companies Income tax Professions National insurance contributions Taxation