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Tuesday, 16 August 1960

It is proposed to increase the allowance for periodical subscriptions paid for membership of a trade, business or professional association. At present, the deduction for an annual subscription to any one organization is limited to £10 10s. This limit is to be increased to £21.

The cost to revenue of this proposal will be £25,000 in a full year, but there will be no cost in 1960-61.

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