Income Tax (B.B.C.)

HC Deb 22 September 1948 vol 456 c106W

92. Mr. Ernest Davies

asked the Postmaster-General why the sum of £1,200,000 was provided for Income Tax by the B.B.C. in its accounts for 1947–48.

Mr. Wilfred Paling

As is indicated in the report of the B.B.C. this provision is to meet Income Tax on the excess of income over revenue expenditure on the home services for the period of the account.