§ I now mention a miscellaneous group of proposals, without detail, nearly all of which will require a Resolution.
§ I propose to remove a grievance felt by traders about certain types of small vans which are used for private purposes, although particular traders may use them solely for trade purposes. At present they do not qualify for initial allowance. I propose to alter the definition so that vehicles of this kind genuinely used for trade purposes will qualify in future.
1437§ The Section in last year's Finance Act dealing with covenants permitted the continued allowance of relief from Surtax for payments made under partnership agreements to retired partners or the dependants of deceased partners, and for payments under separation agreements. I think that the conditions laid down are somewhat too restrictive and I shall propose certain easements in the Finance Bill.