The Weekly Law Reports
[1959] 1 WLR 813
[HOUSE OF LORDS.]
RACECOURSE BETTING CONTROL BOARD APPELLANTS; AND YOUNG (INSPECTOR OF TAXES) RESPONDENT. AND BETWEEN RACECOURSE BETTING CONTROL BOARD APPELLANTS; AND INLAND REVENUE COMMISSIONERS RESPONDENTS.
1959 July 13,
14,
29.
VISCOUNT SIMONDS, LORD REID, LORD RADCLIFFE, LORD TUCKER and LORD KEITH OF AVONHOLM.
Revenue
— Income tax
— Expenses
— Racecourse Betting Control Board
— Operation of totalisator on racecourses
— Totalisator fund
— Expenditure prescribed by statute for benefit of owners of racecourses and racehorses
— Board carrying on trade
— Whether deductible expenses
— “Working expenses”
— Meaning
—
Racecourse Betting Act, 1928 (18 & 19 Geo. 5, c. 41), s. 3
—
Betting and Lotteries Act, 1934 (24 & 25 Geo. 5, c. 58), s. 18 (5)
—
Income Tax Act, 1952 (15 & 16 Geo. 6 & 1 Eliz. 2, c. 10), s. 137 (a) (f) (g).