§ 48. Sir G. Nabarro
asked the Chancellor of the Exchequer whether he will take steps to issue instructions to all officers of Inland Revenue that compensation paid to farmers for slaughtered beasts under foot-and-mouth regulations will be free of Corporation Tax, Capital Gains Duty, Income Tax and Surtax.
§ Mr. Diamond:
As regards cases in which Section 23, Finance Act, 1953, is applicable, I would refer to my Answers to the hon. Member for Banff (Mr. Baker) on 21st November and the hon. Member for Honiton (Mr. Emery) on 30th November. As regards cases outside the scope of that Section my officials are in urgent consultation with the Ministry of Agriculture and the National Farmers' Union.—[Vol. 754, c. 289; Vol. 755, c. 181.]