HC Deb 05 March 2004 vol 418 cc1230-1W
Mr. Swayne

To ask the Chancellor of the Exchequer what plans he has to change the tax treatment of the property portion of trusts. [158821]

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.