HC Deb 22 February 1980 vol 979 c378W
Mr. Austin Mitchell

asked the Chancellor of the Exchequer how gifts in kind and fees from sponsors for product endorsement are treated or tax purposes.

Mr. Peter Rees

[pursuant to his reply 18 February, c. 54]: tax would normally be due under the rules of schedule D on the value of payments in kind or the amount of fees received in such circumstances.