§ Sir Richard Glynasked the Chancellor of the Exchequer what instructions inspectors of taxes, charged with assessing capital claims after 5th April, 1965, will be given as to the effect of a joint statement of intent as marking the initial or terminal date in any transaction from which gain might accrue; to what extent such joint statements of intent are chargeable to Stamp Duty; and how this will be assessed.
Dr. Bennettasked the Chancellor of the Exchequer whether the value of small retail confectionery, tobacco and news-agency businesses will be assessed to capital gains tax; and if he will give an assurance that it will not be applied to small owner-occupied businesses when a change from one premises to another has to take place after an interval in which the value of the £ sterling may have fallen substantially.
§ Mr. CallaghanI cannot add to my answers of 8th and 22nd December.