HC Deb 21 March 1950 vol 472 c102W
Mr. Assheton

asked the Chancellor of the Exchequer if he is aware that Mr. James Dow, of the Long Eaton Cable Company, Limited, 256, Westminster Bridge Road, S.E.1, has been refused concessional relief in respect of Special Contribution under the Tenth Schedule to the Finance Act, 1948, because his two companies, although in substance one business only, do not constitute a group within the meaning of the Companies Act, 1947; and if he will consider amending the Schedule prescribing that a reasonable proportion of dividends received by a working proprietor should be regarded as earned for the purposes of the Special Contribution in order to include such cases.

Sir S. Cripps

I cannot anticipate my Budget Statement.