To ask the Chancellor of the Exchequer what the total value was of (a) income tax relief and (b) corporation tax relief on income and profits from timber sales in each year since 1997; and if he will make a statement. (105238)

The profits from timber businesses have been exempt from both income tax and corporation tax since the 1988 Finance Act and therefore any associated reliefs are entirely unnecessary. For this reason, it is not possible to provide an answer to either part of the question.

To ask the Chancellor of the Exchequer what the total value was of capital gains tax exemption on the increase in value of standing timber for each year since 1997; and if he will make a statement. (105239)

Figures for cost of capital gains tax exemption on the increase in value of standing timber are not available.