HC Deb 04 March 1918 vol 103 c1721W

asked the Secretary to the Treasury whether in the case of businesses liable to Excess Profits Duty which were in the habit in pre-war years of half-yearly balancing, they can now substitute there for annual balancing accounts?


A change of practice of the character described cannot be sanctioned for purposes of Excess Profits Duty in those cases where it would have the effect of defeating the true incidence of the duty.