asked the Chancellor of the Exchequer if he will advise the Government to introduce a Bill to amend the Finance (1909–10) Act, 1910, so as to make it clear that an owner's profits arising out of his skill and enterprise and foresight in connection with buildings and quite distinct from increases in site value, and that only when it is found that the land itself has increased in value shall Increment Value Duty be payable?

It is being considered whether any legislation is necessary to ensure that the Act fully carries out the intention of the Government in this matter.