Skip to main content

Furnished-House Letting (Income Tax Returns)

Volume 387: debated on Tuesday 23 March 1943

The text on this page has been created from Hansard archive content, it may contain typographical errors.

53.

asked the Chancellor of the Exchequer whether, in view of the pressure exerted by the Ministry of Fuel and Power on applicants for home-to-work petrol allowances temporarily to change residence so as to reduce mileage, he will take steps to amend the law which disallows the expense of living elsewhere as a deduction from the profits of letting a furnished house assessable to Income Tax under Schedule D?

No, Sir. I cannot agree that the circumstances to which my hon. Friend refers would justify a departure from the general Income Tax rule.

How can the right hon. Gentleman expect people to change their residences if it involves higher taxation?

There are many other considerations which I have to bear in mind in this matter.