HC Deb 07 December 1970 vol 808 c35W
Mr. McCrindle

asked the Chancellor of the Exchequer if he will introduce legislation to exempt from capital gains tax holdings of not more than £1,000 in unit trusts.

Mr. Patrick Jenkin

I have noted my hon. Friend's proposal.

Mr. Biffen

asked the Chancellor of the Exchequer what assessment he has made of the impact of capital gains tax on investment trusts and unit trusts; and what proposals he has to abolish or modify the tax in respect of these securities.

Mr. Patrick Jenkin

This is being examined in the course of our review of capital gains tax.