Clause 69. — (Restriction for Close Companies on Deduction for Directors' Remuneration.)

Part of the debate – in the House of Commons at 12:00 am on 16 June 1965.

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Photo of Mr Robert Maxwell Mr Robert Maxwell , Buckingham 12:00, 16 June 1965

I agree, but Members who are chartered accountants will tell him that the practice is widespread and ought to be put a stop to.