HC Deb 03 March 1982 vol 19 c149W
Mr. Arthur Lewis

asked the Chancellor of the Exchequer if, in his forthcoming Budget, he will propose to reduce the scope of or eliminate the provisions whereby companies may claim tax relief on items such as cars, yachts or houses even though such items may be for the personal use of directors.

Mr. Ridley

Relief is available to a company only to the extent that expenditure is incurred for the purposes of its trade.