Profits and Income Taxation (Royal Commission's Recommendations)

HC Deb 26 July 1955 vol 544 c121W

Mr. G. Thomas

asked the Chancellor of the Exchancellor whether he has now considered the Report of the Royal Commission on Taxation of Profits and Income, with special reference to the amendment of Schedule E, concerning the allowance for deductible purposes of expenditure reasonably incurred for the appropriate performance of the duties of the office or employment; and whether he will make a statement.

Mr. R. A. Butler

This, along with the Royal Commission's other recommendations, will be considered before next year's Finance Bll.