§ Mr. Bestasked the Chancellor of the Exchequer if he will consider making 292W professional fees incurred in the preparation of returns in respect of income tax, capital gains tax and capital transfer tax, tax deductible.
§ Mr. Peter ReesI have noted my hon. Friend's suggestion. But I should point out that successive Governments, following the line taken by the Royal Commission on the Taxation of Profits and Income, have taken the view that no such deduction would be justified.