§ Mr. Brothertonasked the Chancellor of the Exchequer if he will seek to make health insurance policies an allowable expense against corporation tax for public companies and for close companies alike.
§ Mr. Denzil DaviesWhere a company incurs expense on insurance for an employee against the cost of medical treatment, the expense is normally allowable for tax purposes, whether the company712W is close or not. If the hon. Member has a particular case in mind I should be glad to look into it.