HC Deb 20 January 1988 vol 125 cc727-8W
Mr. Blair

To ask the Chancellor of the Exchequer what is the practice of the Inland Revenue as regards the treatment of regional selective assistance for the purpose of assessment of pre-tax profits.

Mr. Lamont

[holding answer 19 January 1988]: The precise tax treatment will depend on the facts of each case, but, in general, regional selective assistance is taken into account in determining the taxable profits of a business.

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