HC Deb 04 December 1956 vol 561 c1040
36. Mr. Hayman

asked the Chancellor of the Exchequer whether grants to landlords for improving farm buildings, under the proposals of the Minister of Agriculture, Fisheries and Food, will be reckoned as income for purposes of Income Tax and Surtax.

Mr. H. Brooke

The grants will not normally be treated as income for taxation purposes, but where the landlord claims capital allowances or maintenance relief for grant-aided expenditure his claim will be restricted to the net expenditure after deducting the grant.

Mr. Hayman

Why are the wealthy land owners being treated in this matter differently from the way in which the general public are in the matter of bread and milk subsidies, which, it was said, had to be withdrawn because they were benefiting rich and poor alike?

Mr. Brooke

These are matters, of course, for the House to decide. It is for the House to decide whether these grants should be payable or not. I am simply answering on the Income Tax question.