1987-1990 - Mr Major’s Written Parliamentary Answer on Luncheon Vouchers
Below is the text of Mr Major's written Parliamentary Answer on Luncheon Vouchers on 30th October 1990.
Mr. Alfred Morris To ask the Chancellor of the Exchequer by what amount the yield from the taxation of luncheon vouchers, over the minimum allowed tax free, exceeds the cost of collection; what is the amount of yield and the costs of collection in the last full year for which figures are available; and if he has any plans for ending this form of taxation.
Mr. Major [holding answer 25 October 1990]: The estimated yield from the taxation of meal vouchers is about £5 million at an estimated Revenue staff cost of £60,000. There are no plans to end this form of taxation.