HC Deb 27 November 1964 vol 702 cc235-6W
Mr. Chichester-Clark

asked the Chancellor of the Exchequer to what extent officers of the Inland Revenue, in making tax assessments, include income obtained by antique dealers as a result of private auctions held among themselves.

Mr. MacDermot

This income is a receipt of an antique dealer's trade and should be included like any other receipt in computing the profits of the trade for tax purposes.