§ Mr. Tilneyasked the Chancellor of the Exchequer whether, under his regulations, a Member who does not wish to draw the Sessional Allowance can claim allowable deductions for the purposes of Income Tax up to a total of£1,250 per annum.
§ Mr. R. A. ButlerNo. If the expenses of an office exceed the emoluments, the law does not allow the excess to be deducted from other income for tax purposes.