HC Deb 29 February 1944 vol 397 cc1245-6
49. Lieut.-Colonel Sir Ian Fraser

asked the Chancellor of the Exchequer if he will adjust farmers' Income Tax so as to make some allowance to compensate them for the dissipation of their capital by the exceptional use of the store of fertility in their land in the present emergency.

Sir J. Anderson

I cannot see my way to propose an allowance such as is re- ferred to by my hon. and gallant Friend. I may remind my hon. Friend that any manuring expenditure that may be necessitated by loss of fertility would be allowed as revenue expenditure as and when incurred.

Sir I. Fraser

Will my right hon. Friend take into account the very conciliatory speech he made at the end of the Debate on agriculture and the expectations he created that he would give farmers some concessions in the Budget; and will he take this suggestion and others into account?

Sir J. Anderson

Certainly. The consultations to which I then referred have been taking place.