HC Deb 10 March 1981 vol 1000 c779

The measures I have just announced will in total be worth about £300 million next year. And the tax measures alone will be worth over £400 million in 1982–83.

But if we are to build a strong and vigorous economy, we must do more to encourage and reward the creation of new enterprises, new wealth and new jobs. I turn, therefore, to the subject of capital taxation, which bears especially heavily on the owners of small businesses.