§ Captain Kerbyasked the Chancellor of the Exchequer if he is aware that the Inland Revenue, when calculating capital gains assessments involving bonus shares held prior to 6th April, 1965 is writing down the price of these shares on an arithmetical basis instead of using the market price; if he is aware that this can mean a grossly exaggerated taxable figure which conforms to no market value and is calculated to deceive the taxpayer; and if he will direct that the market price standard be enforced.
§ Mr. Patrick JenkinI am not sure what my hon. Friend has in mind but if he would write to me giving further details I shall be glad to look into the matter.