HC Deb 11 October 1976 vol 917 c20W
Mr. David Hunt

asked the Chancellor of the Exchequer if he will consider giving help to smaller businesses by making allowances available against income tax for work done and expenses incurred in recording VAT returns and PAYE.

Mr. Denzil Davies

Any expenditure which is actually incurred in carrying out PAYE or VAT obligations for a business already ranks as an allowable trading expense for tax purposes. I do not think it would be justifiable to go beyond this.

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