Clause 48 - Election to forego roll-over relief on transfer of business
Finance Bill
4:45 pm
Mr Howard Flight (Arundel and South Downs, Conservative)
For simplification, I think that the Minister is saying that the Government do not agree in principle that it should be possible to make the election in respect of a proportion of a business corresponding to which shares are disposed of within two years of incorporation and to receive incorporation relief on the remaining part of the business. Why does she not feel that that ought to be addressed?