HC Deb 30 September 1941 vol 374 c500W
Sir R. Glyn

asked the Chancellor of the Exchequer whether his attention has been drawn to the regulations that govern the repayment of loans for agricultural purposes advanced through Government schemes compared with the methods adopted to assess taxation of profits by the commissioners of taxes in cases where similar loans for similar purposes has been raised from other sources; and will he instruct the commissioners to apply the regulations in the latter class of cases as well as in the former?

Sir K. Wood

If my hon. Friend is referring to arrangements under which interest on certain loans is paid without deduction of tax, I am afraid that it would not be possible to apply such arrangements generally to all loans for agricultural purposes.