Benefits and Entertainment Expenses

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 26 April 1960.

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Photo of Sir Kenneth Pickthorn Sir Kenneth Pickthorn , Carlton 12:00, 26 April 1960

asked the Chancellor of the Exchequer (1) what is estimated to be the likely yield if fringe benefits to employees were effectively taxed at their money value;

(2) what he estimates would be the additional revenue obtained if expenses on entertainment were wholly disallowed.