§ 50 and 56. Mr. Gowerasked the Chancellor of the Exchequer (1) if he will take steps to avoid hardships to small investors in investment trusts when he frames his proposed corporation tax; and if he will make a statement;
(2) if he will take steps to avoid hardship to small investors in unit trusts when he frames his proposed corporation tax; and if he will make a statement.
§ Mr. CallaghanI would refer the hon. Member to my statement of 24th November on the Second Reading of the Finance Bill, and to the answer I gave the hon. Member for Orpington (Mr. Lubbock) on 27th November. As I said to the House on 26th November, I shall be making a statement on the corporation tax as soon as I am able to do so.