§ Mr. Swayne
To ask the Chancellor of the Exchequer what plans he has to change the tax treatment of the property portion of trusts. 1231W
§ Dawn Primarolo
As stated in the Pre-Budget Report the tax treatment of trusts is under review by the Inland Revenue. They have consulted with interested parties about simplifying and modernising trust taxation and an announcement about this will be made in the Budget.