§ Mr. Johnasked the Chancellor of the Exchequer what is the tax revenue forgone resulting from the availability of relief under (a) schedule B and (b) schedule D for owners of commercial woodlands.
§ Mr. MooreExpenses of planting, maintenance and upkeep of woodlands are allowable for tax purposes under schedule D, and the estimated revenue forgone in relation to these expenses is tentatively estimated at some £10 million in 1985–86.
389WNo expenses are allowable for tax purposes under schedule B.