Oral Answers to Questions — Employment – in the House of Commons am 12:00 am ar 9 Rhagfyr 1947.
Lieut-Colonel Granville Sharp
, Spen Valley
12:00,
9 Rhagfyr 1947
asked the Chancellor of the exchequer what progress has been made in reducing the arrears of work in the administration of P.A.Y.E.
Sir Stafford Cripps
, Bristol East
Steady and substantial progress has been made. By April, 1948, the assessing work for 1944–45 and 1945–46 will be virtually completed and the assessing for 1946–47 will be well advanced in most areas and completed in many. The arrears of correspondence have been very much reduced.
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.