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Development Land Tax

Volume 983: debated on Thursday 1 May 1980

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asked the Chancellor of the Exchequer how much revenue he estimates has been lost as a result of the loopholes in the development land tax legislation which allowed a developer to set up off-the-peg companies and benefit from the £50,000 exemption for each.

asked the Chancellor of the Exchequer if he will make retrospective his proposal to close the loophole in the development land tax legislation which allows a developer to set up off-the-peg companies and benefit from the £50,000 exemption for each.