HC Deb 08 March 1960 vol 619 c23W
58. Mr. F. M. Bennett

asked the Chancellor of the Exchequer whether, in framing his Budget proposals, he will take into account the need to curtail the disguising and consequent avoidance of Income Tax and Surtax, of ventures in the nature of trade, taxable under Case I of Schedule D by the device, inter alia, of the formation of separate company structures for each transaction.

Mr. Amory

I have noted my hon. Friend's suggestion.