§ 33. Mr. J. Howardasked the Chancellor of the Exchequer if he will give consideration to the provision of additional wear and tear allowances to cover the increased cost of replacing shipping, on the basis that the gross amount of such additional allowances are to be deposited with the Treasury and released at the time when replacement occurs.
§ Mr. H. BrookeMy right hon. Friend is giving close attention to the taxation position of the shipping industry. He can perceive objections to my hon. Friend's suggestion, but he will certainly bear it in mind.