§ Mr. Ridleyasked the Chancellor of the Exchequer whether public lending right will be earned income or investment income for tax purposes (a) in the hands of the author and (b) in the hands of his heirs.
§ Mr. Denzil Davies:I shall let the hon. Member have a reply as soon as possible.
§ Mr. Ridleyasked the Chancellor of the Exchequer how public lending right is to be assessed to capital transfer tax in the event of a chargeable transfer.
§ Mr. Denzil Davies:I shall let the hon. Member have a reply as soon as possible.