56. Mr. H. Wilsonasked the Chancellor of the Exchequer to what extent the Board of Inland Revenue allows fines for parking offences to be included as business expenses for Income Tax purposes.
§ Mr. H. BrookeFines imposed for such breaches of the law are not admissible as a deduction in computing profits for tax purposes.
Mr. WilsonWhile thanking the right hon. Gentleman for his reply, may I ask if he is aware of a statement made by a learned magistrate at Marlborough Street a week or two ago in which he said that he was bringing such a case to the attention of the Inland Revenue authorities? It was a case in which a man who had been fined said to the police constable that he always regarded that as a business expense.
§ Mr. BrookeWhat I say is fact. What this person said to the magistrate or the police in that event was evidently not a fact.