United Kingdom · Question · Written question
UIN 201851
High Speed 2 Line: Compulsory Purchase
Original
Introduced
13 October 2023
Last action
20 October 2023 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
20 October 2023
Summary
To ask the Secretary of State for Transport, if his Department will take capital gains tax into account when calculating the resale value of land bought by his Department under a compulsory purchase order for the Birmingham-Crewe leg of HS2.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
13 October 2023
Written question
To ask the Secretary of State for Transport, if his Department will take capital gains tax into account when calculating the resale value of land bought by his Department under a compulsory purchase order for the Birmingham-Crewe leg of HS2.
Source: Commons
20 October 2023
Answer
Capital Gains Tax (CGT) is only paid by individuals and trusts, not by government departments.
Source: Written answer
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Sponsors
- · Department for Transport · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2023-10-13/201851
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1663998
- uk · wq-1663998 · source updated 20 October 2023