§ Mr. LetwinTo ask the Chancellor of the Exchequer if it is his policy retrospectively to increase the rate of capital gains tax for funded unapproved retirement schemes from 23 per cent. to 34 per cent. [58255]
§ Dawn PrimaroloThis capital gains tax change is not retrospective. It is normal practice for capital gains tax reforms to apply to gains realised after the date of announcement of the changes.