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Forestry (Capital Transfer Tax)

Volume 889: debated on Thursday 10 April 1975

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asked the Secretary of State for the Environment if he will mount a publicity campaign designed to offset the effect of the capital transfer tax on forestry planting which has fallen by 30 million trees.

I have been asked to reply.No. The relief given in Schedule 9 to the Finance Act 1975 is designed to encourage private woodland owners to maintain an adequate level of planting.