HC Deb 03 June 1954 vol 528 c1447
38. Mr. Houghton

asked the Chancellor of the Exchequer whether he is aware of the time and labour involved in making assessments under Income Tax Schedule A on limited companies, merely to eliminate them from the computation under Case I, Schedule D; and what steps he is taking to end this unnecessary work.

Mr. Boyd-Carpenter

This matter has been the subject of evidence to the Royal Commission on the Taxation of Profits and Income, and I think I must await its report.