§ Mr. Barry FieldTo ask the Chancellor of the Exchequer if it is his policy that the new rules in respect of capital gains tax reinvestment relief include all capital gains for reinvestment in the existing three year period.
§ Sir George YoungRelaxations to the rules for re-investment relief will take effect from 29 November. As before, companies will still have to meet the other qualifying conditions for three years. Full details of the proposals will be found in the Finance Bill, which is due to be published early in January.