I cannot see the argument that making shares free from capital gains tax is an act of tax avoidance or improper tax treatment, when one considers the other side of the coin, which is that a valuable employment allowance is being given up. It is not dissimilar to other situations where there are tax incentives to invest.
Growth and Infrastructure Bill
Proceeding contribution from
Lord Flight
(Conservative)
in the House of Lords on Wednesday, 20 March 2013.
It occurred during Debate on bills on Growth and Infrastructure Bill.
Type
Proceeding contribution
Reference
744 c620
Session
2012-13
Chamber / Committee
House of Lords chamber
Librarians' tools
Timestamp
2022-06-07 15:33:26 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2013-03-20/13032062000015
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