HC Deb 07 May 1936 vol 311 c1861

asked the Chancellor of the Exchequer whether the owners of dwelling-houses who are required by local authorities to incur capital expenditure to improve their property are permitted by his Department to include such expenditure on their Income Tax, Schedule A, Maintenance Claims, as an item in respect of which they can obtain relief?

The CHANCELLOR of the EXCHEQUER (Mr. Chamberlain)

I assume that the expenditure to which my hon. Friend refers is such as would not be allowable under the provisions of Rule 8 of No. V of Schedule A, Income Tax Act, 1918; in which case the answer to his question is in the negative.


Does not my right hon. Friend think the time has come to place them on the same footing as regards Income Tax?


What my hon. Friend is asking is that capital expenditure should be treated as expenditure out of income.