Clause 76 - Taper relief: assets qualifying as business assets
Finance Bill
10:00 am
Mr Howard Flight (Arundel and South Downs, Conservative)
I accept, as night follows day, that that is a logical argument. However, I reserve our position on the principal argument for longevity of ownership. I think, however, that everyone agrees that share ownership by employees is economically and personally successful and desirable.
I stand by the comments I made earlier, and I beg to ask leave to withdraw the amendment.
Amendment, by leave, withdrawn.
Clause 76 ordered to stand part of the Bill.