HC Deb 30 November 1962 vol 668 c103W
Mr. Prior

asked the Chancellor of the Exchequer if he will state the annual cost to the Exchequer of relief granted by capital expenditure claims for farm buildings or farm improvements for the last three convenient years.

Mr. du Cann

The cost of investment and other allowances in respect of expenditure covered by Section 314 of the Income Tax Act 1952 was in 1959–60, 1960–61 and 1961–62 £3 million, £4 million and £4 million respectively.