§ Mr. Peatasked the Chancellor of the Exchequer whether payments made by employers to employés , serving as militia men, territorials, etc., will be regarded as an allowable charge in the employer's accounts for taxation purposes?
§ Sir J. SimonPayments in respect of wages or salary made to employés , serving as militiamen, territorials, etc., would be allowed as deductions in computing the profits of the employer's business for the purposes of Income Tax and National Defence Contribution.