HC Deb 16 January 1989 vol 145 cc78-9W
Mr. Redmond

To ask the Chancellor of the Exchequer if he will make it his policy to abolish the exempt ion from capital gains tax on a person who owns a house with one acre and part of that acre is sold for building land, and replace it with a tax to be levied on the gain resulting from planning permission being obtained; and if he will make a statement.

Mr. Norman Lamont

I have noted the hon. Member's suggestion but cannot, of course, anticipate the Budget judgment.