HC Deb 03 August 1962 vol 664 c165W
Mr. D. Smith

asked the Chancellor of the Exchequer if he will state the number of cases of farming losses of persons dealt with under Section 341 of the Income Tax Act, 1952, in the latest convenient year, and the estimated loss involved.

Mr. Barber

About 10,000 individuals and about 550 partnerships in the year to September, 1961, with an aggregate loss of about £12½ million.