HC Deb 09 May 1978 vol 949 cc484-5W
Mr. Douglas-Mann

asked the Chancellor of the Exchequer what arrangements have been made for tax to be levied on benefits notionally payable under the building and civil enginering holiday scheme; what consultations preceded such arrangements; and whether he is satisfied with the working of these arrangements.

Mr. Robert Sheldon

Under the usual arrangements in the building and civil engineering industry, an employee whose employer participates in a stamp scheme which provides holiday pay has his PAYE code adjusted at the start of the tax year to take account of the holiday pay he is expected to receive in that year. This arrangement has been in operation for many years, but the details have recently been modified following a meeting which I had with the main unions involved, the employer's associations and the stamp funds. The revised arrangement is generally working satisfactorily.