§ 41. Mr. William Priceasked the Chancellor of the Exchequer, whether he will take steps to impose a tax on football transfer fees, but exempt from tax money spent by clubs on ground improvements.
§ Mr. Harold LeverThere is no justification for imposing further taxation on 289W transfer fees which are treated as trading receipts for tax purposes nor for giving special tax relief for expenditure on ground improvement which is generally of a capital nature.