§ Mr. Bryant Godman Irvineasked the Chancellor of the Exchequer if he will 597W examine ways of assisting professional men who have to do a lot of work over a long period before their fees can be collected, and are no longer able to treat interest on an overdraft as a business expense.
§ Dr. GilbertThe Finance Bill provisions do not affect the deductibility for tax purposes of overdraft interest wholly and exclusively laid out or expended for the purpose of a profession.