Self-assessment and Farmers' Expenses

HL Deb 10 November 1997 vol 583 cc6-7WA

Lord Stewartby

asked Her Majesty's Government:

Whether the introduction of self-assessment will affect the way in which expenditure on conservation by farmers and landowners is eligible for tax relief.

Lord McIntosh of Haringey

The introduction of self-assessment had no effect on the rules on expenditure which is deductible when computing trading profits from farming for tax purposes.