Clause 8 - Meaning of ''applicable year of assessment'' in section 7
Finance Bill
12:30 pm
Rob Marris (Wolverhampton South West, Labour)
I draw the hon. Gentleman's attention to explanatory note 11 on clause 7, which says that there will be a PAYE deduction by the DWP on these lump sums, so it would not be the case that an elderly person—to use his suggestion—will be presented with a tax bill that they could not pay; it will be done by PAYE.