§ Commander Marsdenasked the Chancellor of the Exchequer whether he has now considered what it is practicable to do by way of special measures to give taxation relief in respect of expenditure by employers on air-raid shelters; and can he make a statement?
§ Lieut.-Colonel ColvilleThe admissibility or non-admissibility for Income Tax purposes of expenditure by employers on air-raid shelters and other Air-Raid Precautions measures is governed by the relevant provisions of the Income Tax Acts. The extent to which particular items of expenditure on Air-Raid Precautions may be allowable deductions in the computation of business profits is at present under consideration by the Board of Inland Revenue, and I hope that a statement of the position can be made shortly.