HC Deb 21 November 1927 vol 210 cc1437-8W
Mr. TASKER

asked the Chancellor of the Exchequer whether he is aware that the General Commissioners of Income Tax have recently decided that where a trader carries on more than one business he is entitled to set off the loss in one business against the profits in another business, but that such a rule does not apply in the case of anyone engaged in two professions; and whether he will issue instructions for professional men to receive the same benefits as traders in connection with the payment of Income Tax?

Mr. SAMUEL

If my hon. Friend will furnish me with particulars of the case which he has in mind, I will cause inquiry to be made and will communicate the result to him in due course.