Toll Bridges (Tax-Free Incomes)

HC Deb 03 April 1962 vol 657 c204

32. Mr. Marten

asked the Chancellor of the Exchequer whether he will take action on tax-free incomes arising from toll bridges.

Sir E. Boyle

I cannot anticipate my right hon. Friend's Budget statement.

Mr. Marten

Nevertheless, does my hon. Friend realise that many of these incomes from toll bridges are not only tax-free but also free of rates and death duties? Would he look at this and take some appropriate action when he can?

Sir E. Boyle

I have taken notice of my hon. Friend's recent representations on this matter. Of course, there is no exemption from tax for the profits of the toll bridges generally, although in a few cases special exemption is conferred by long-standing enactments.