HC Deb 17 December 1959 vol 615 c228W
108. Mr. F. M. Bennett

asked the Chancellor of the Exchequer whether he will now direct the Inland Revenue, in view of an increasing tendency to disguise ventures in the nature of trade in a capital form, to exercise more strictly and widely its powers to raise assessments under Case I of Schedule D.

Sir E. Boyle

I am satisfied that the Inland Revenue needs no reminder from me about the power to assess profits from ventures in the nature of trade