§ 30. Sir W. Wakefieldasked the Chancellor of the Exchequer what is the present practice with regard to the capital allowances which are permitted in respect of the use of private aeroplanes by business executives; and whether any maximum limit with regard to the cost of such aeroplanes is imposed in connection with such allowances.
§ Sir E. BoyleA concern which uses a private aeroplane for business purposes, for example, for the transport of directors or employees, may claim the ordinary capital allowances available for machinery or plant. There is no limit on the cost ranking for such relief.