§ 32. Mr. Cordleasked the Chancellor of the Exchequer what proposals he has for altering the Income Tax child allowances.
§ Mr. CallaghanI cannot anticipate my Budget statement
46. Mr. Mackenzieasked the Chancellor of the Exchequer if a hearing aid purchased by a teacher and necessary for the purpose of continuing in the profession is regarded as a legitimate expense against which Income Tax rebate could be claimed.
§ Mr. DiamondNo. It is settled law that an employee is not entitled to tax relief for an expense which arises from his personal circumstances.
§ 69. Mr. Arthur Lewisasked the Chancellor of the Exchequer whether contributions by employers to membership of the Confederation of British Industry is an allowable deduction for Income Tax purposes.
§ Mr. DiamondYes. Annual subscriptions by traders to their trade associations, like other expenses incurred wholly and exclusively for trade purposes, are an allowable deduction for tax purposes.
§ Mr. Boyd-Carpenterasked the Chancellor of the Exchequer whether, with a view to encouraging savings, he will review the definition of unearned income for Income Tax purposes.
§ Mr. CallaghanNo. The cost of such a concession would be out of line with the extra savings that it would produce.