§ Sir J. Edenasked the Chancellor of the Exchequer whether, in view of the fact that tax allowances on hotel buildings are now granted in all EEC countries except the United Kingdom, he will consider providing for such tax allowances to be given in his next Budget.
§ Dr. GilbertI do not think that it would be justifiable to exempt hotel buildings from the general principle that the United Kingdom tax code provides no allowances for commercial buildings. I would remind the right hon. Member that a substantial part of the capital cost of a hotel is for equipment and our capital allowances on this component are much higher than those available in other EEC countries.