HC Deb 23 July 1943 vol 391 c1231W
Sir W. Wayland

asked the Chancellor of the Exchequer whether, in view the great national contribution being made by agricultural landowners and farmers during the war, with such small profit or benefit to themselves, he will take steps to amend the existing law, so that persons who own their land directly and without the intervention of a company, may have the same benefit in respect to the allowance before taxation of management expenses and the right to create reasonable reserves and provisions for improvements without Surtax being paid, which conditions are at present permitted where land is held through the medium of a company?

Sir K. Wood

I am afraid that I could not see my way to accept my hon. Friend's suggestion.