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What Deductions shall not be allowed on making the Estimates.
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CCV. And be it further enacted, That in the Computation of Duty to be made under this Act in any of the Cases before-mentioned, either by the Party making the same, or by the respective Commissioners, it shall not be lawful to make any other Deductions therefrom than such as are expressly enumerated in this Act, nor to make any Deduction which by any of the Rules contained in the said Schedules or in this Act, are directed not to be allowed or made, nor to make any Deduction on Account of any annual Interest, Annuity, or other annual Payments, to be paid to any Person or Persons out of any Profits or Gains chargeable by this Act, except the Interest of Debts due to Foreigners not resident in Great Britain, in regard that a proportionate Part of the Duty so to be charged is allowed to be deducted on making such Payments; nor to make any Deduction from the Profits or Gains arising from any Property herein described, nor from any Office or Employment of Profit, on Account of Diminution of Capital employed, or of Loss sustained in any Trade, Manufacture, Adventure, or Concern.
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