§ Sir F. Sandersonasked the Chancellor of the Exchequer whether, in view of the increasing complexity of Income Tax returns and the frequent necessity of employing accountants, he will consider allowing a deduction from the taxable income of such accountancy fees before arriving at the net assessment for taxation purposes?
§ Sir J. SimonI regret that I cannot adopt my hon. Friend's suggestion.
§ Mr. Joelasked the Chancellor of the Exchequer what would be the approximate cost of allowing the earned income allowances of the officers and men of the Navy, Army and Royal Air Force on active service to remain at the rate at which they stood before the last emergency Budget?
§ Sir J. SimonI regret that I am unable to furnish an estimate of the cost.
§ Mr. Butcherasked the Financial Secretary to the Treasury whether employers who make allowances to employés who are serving with His Majesty's Forces, or to their wives and children, will be entitled to treat those allowances as admissible expenses for taxation purposes?
§ Captain CrookshankActual sums expended by employers in respect of allowances to employers who are serving with His Majesty's Forces or to the wives and children of such employés will be admitted as deductions in the computation of the profits of trades, etc., for purposes of Income Tax, National Defence Contribution and Excess Profits Tax.