§ Mrs. Ewingasked the Chancellor of the Exchequer if he will take steps to reduce the age for the purposes of retire- 170W ment relief to sole proprietors for capital gains tax purposes.
§ Mr. TaverneI have noted the hon. Lady's suggestion.
§ Mrs. Ewingasked the Chancellor of the Exchequer what representations he has received from representative bodies, including the staff of the Inland Revenue, to simplify taxation by the elimination of short-term capital gains tax; and what reply he has sent.
§ Mr. TaverneMy right hon. Friend has received representations on this topic from a number of representative bodies, but none representing the staff of the Inland Revenue. Where a reply was called for, the bodies were told that their views had been noted and were being considered.