§ Mr. GRETTONasked the Chancellor of the Exchequer whether a brewery company, in making its return for assessment to Income Tax, Schedule D, will be precluded from making a deduction for sums in respect of the increase in Licence Duties imposed by the Finance (1909–10) Act, 1910, which, either by agreement with the licence-holders of houses held under any tying covenant or, in default of agreement, by determination by the Commissioners of Customs and Excise, such brewery company will be called upon to bear and pay out of revenue?
§ Mr. LLOYD GEORGEA question of a similar kind—namely, the right of deduction in respect of payments to compensation funds—is at present the subject of appeal to the House of Lords in the case of Smith v. the Lion Brewery Company. Pending the decision in that case, it is clearly undesirable for me to anticipate the decision which may be reached by District Commissioners of Taxes on the question raised by the hon. Member.