Income Tax (Professional Advisers' Charges)

HC Deb 10 May 1966 vol 728 c39W

38. Sir Knox Cunningham

asked the Chancellor of the Exchequer whether, in view of the complexity of present taxation and, in particular, the new Capital Gains Tax, he will allow the cost of employing accountants and other professional advisers to be charged as expenses and offset against the tax liability of individuals.

Mr. MacDermot

No.