Advertising Expenditure.

Part of Oral Answers to Questions — National Finance. – in the House of Commons on 3rd February 1942.

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Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

Under the existing law, the allowance or disallowance of expenditure on advertising as a deduction in computing the profits of a business for Income Tax purposes is determined by the same rules that apply to other items of expenditure, and I see no reason for introducing any differential treatment.