Capital Gains Tax (Hansard, 22 November 1999)

§ Mr. Loughton
To ask the Chancellor of the Exchequer what proposals he has for the simplification of the capital gains tax system for private investors. [R] [99194]

§ Mr. Timms
I cannot anticipate any changes that my right hon. Friend might wish to make in future Budgets.

§ Mr. Loughton
To ask the Chancellor of the Exchequer what is the anticipated net loss to the Exchequer from his proposed changes to capital gains tax on treatment of business assets. [R] [99196]

§ Mr. Timms
As announced in the pre-Budget report, my right hon. Friend is consulting on the detail of a number of possible changes to the capital gains tax treatment of business assets. No costing can be produced until the detail of the measures is settled.