§ Mr. Donald Stewartasked the Chancellor of the Exchequer (1) what is the number of farms in Scotland and in England and Wales, respectively, on which capital transfer tax has been charged on farm leases passing to successors; and what were the total amounts involved;
(2) when farm leases became liable for capital transfer tax;
(3) if he considers that the practice of farm leases becoming liable for capital transfer tax put Scottish tenant farmers at any disadvantage compared with their English and Welsh counterparts.
§ Mr. Peter ReesThis information is not readily available. While the transfer of a farm lease which has a value has been liable to capital transfer tax since the40W introduction of the tax, my right hon. and learned Friend is aware of the concern about the practical consequences for Scottish tenant farmers. As the right hon. Gentleman will know, amendments have been made to the Finance Bill at present before Parliament to deal with this problem.