§ Mr. Spearingasked the Chancellor of the Exchequer if, when considering applications for tax allowances from companies in respect of investment for manufacturing purposes, the Inland Revenue 268W deducts amounts more accurately chargeable to warehousing, transport and other distributive costs.
§ Mr. Robert SheldonCapital allowances are given on the amount of the capital expenditure which a taxpayer incurs on the provision of machinery or plant for the purposes of his trade. This amount normally includes any delivery or other costs for which the taxpayer is charged by the supplier.
My hon. Friend may have a particular case in mind. If he will send me details, I shall be glad to look into it.