Clause 172 - Gains on policies of life insurance etc: rate of tax
Finance Bill
9:15 am
Mr John Baron (Billericay, Conservative)
Further to the comments made by my hon. Friend the Member for Arundel and South Downs, would it not be fair at least to have some form of transitional provision to cater for cases in which the gain has accrued over a significant period prior to the introduction of the changed regime for insurers?