44. Mr. J. E. B. Hill
asked the Minister of Agriculture, Fisheries and Food if he is aware that owner-occupiers who wish to change from one farm to another are deterred from entering into contracts for sale or purchase of farms by the prospect of exposing themselves to additional taxation upon capital gains; and what steps he will take to help such persons through his National Agricultural Advisory Service.
§ Mr. John Mackie
I am not willing to speculate on the effects this prospective tax may have on the agricultural industry, nor to assume that any class of farmer will need advice from my Department. In any case, I have no information which would bear out the hon. Member's description of the present state of the property market.286W