HC Deb 29 July 1988 vol 138 c731W
Mr. Austin Mitchell

To ask the Chancellor of the Exchequer what is his forecast for receipts of capital gains tax on the sale of agricultural production licences for the current financial year; if he will include in theOfficial Report an estimate of the amount by which prices would have to fall to eliminate the premium on the transfer of entitlement to the production quota; and whether he will make it his policy to press for a reduction in the price of milk to whatever level is required to eliminate the surplus without the need to rely on quotas.

Mr. Norman Lamont

Information on capital gains tax is not available. The other parts of the question are for my right hon. Friend the Minister of Agriculture, Fisheries and Food and I shall ask him to write to the hon. Member.

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