Capital Gains Tax

HC Deb 03 November 1970 vol 805 c841

24. Mr. Dixon

asked the Chancellor of the Exchequer if he will amalgamate the rates for short-term and long-term capital gains tax.

Mr. Patrick Jenkin

Both the tax on short-term gains and the long-term capital gains tax are being examined as part of our review of the tax system. I cannot say more than this at present.