§ Ms LawrenceTo ask the Chancellor of the Exchequer what tax measures to improve productivity the Government intend to introduce in the next Finance Bill. [98114]
§ Mr. TimmsThe Chancellor's Pre-Budget Statement yesterday set out the details of the Government's intention to make the capital gains tax (CGT) taper relief for business assets more generous.
The Pre-Budget Statement included a range of tax measures to promote enterprise and productivity, which will be contained in the 2000 Finance Bill.
Inland Revenue Press Releases including details of the following measures: Employee Management Incentives; employee share ownership; corporate venturing; and the research and development tax credit, are being issued today. Copies will be placed in the Libraries of both Houses.