HC Deb 18 January 1982 vol 16 c89W
Mr. Arthur Lewis

asked the Chancellor of the Exchequer whether, further to his reply of 23 December 1981 to the hon. Member for Newham, North-West, Official Report, c. 435, the organisation Aims of Industry is treated as a body, contributions to which may be claimed for tax deductions by public companies as being donations incurred wholly and exclusively for business purposes.

Mr. Ridley

This will depend on the facts in any particular case. In the Revenue's view, however, such contributions would not normally rank for a tax deduction since they would not normally have been incurred wholly and exclusively for the purposes of a company's trade.