Lord Newby
Main Page: Lord Newby (Liberal Democrat - Life peer)
Lord Sassoon
I am grateful to the noble Lord for his welcoming remarks, and for pointing out the advantages that AIM shares carry. That allows me to make the point, for those who would like to see AIM shares included in ISAs, that the consequential could be that AIM shares, if one follows through his logic, would lose some other benefits, principally that of inheritance tax relief benefit.
Lord Newby
My Lords, within 10 days we are going to have a Budget which will contain much more complicated issues than this which the Government will have to take time to look at and reach a decision on. For this purpose, can I suggest to the Minister that his definition of “in due course” might mean the next Budget day?
Lord Sassoon
I wish I could say “in due course” in another way. However, I can only reconfirm my previous Answer.