§ 65 and 66. Mr. Maudlingasked the Chancellor of the Exchequer (1) whether the proposed capital gains tax will apply to industrial and commercial buildings;
(2) whether the proposed capital gains tax will be applied to gilt-edged securities.
§ 69. Mr. Fisherasked the Chancellor of the Exchequer why the capital gains tax is not to include football pool and betting winnings.
§ 72. Mr. John Hallasked the Chancellor of the Exchequer if, when assessing the tax payable on any profit made on the sale of an asset after Budget Day 1965, account will be taken of the fall in the purchasing value of the £ sterling from the date of the purchase of that asset.
§ Mr. CallaghanI have nothing to add to my Answer of 8th December.
§ Miss Quennellasked the Chancellor of the Exchequer in what circumstances forfeiture is to be included for the purpose of the Capital Gains Tax.
§ Mr. CallaghanI cannot add to my Answer of 8th December.