Capital Gains Tax

HC Deb 03 June 1997 vol 295 c152W

Mr. Jack

To ask the Chancellor of the Exchequer what he defines as short-term gain in terms of the length of time an asset has been held for the purposes of capital gains tax. [1851]

Dawn Primarolo

[holding answer 2 June 1997]: The capital gains tax system does not define short-term gains.