Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 23 November 2020 to Question 119350 on Capital Gains Tax, when he plans to publish the Government's response to the Office for Tax Simplification's Capital Gains Tax Review.

Last year, the Chancellor commissioned the Office of Tax Simplification (OTS) to carry out a review of Capital Gains Tax (CGT).

Given the wide scope of the review, the OTS will produce two reports.

The first report, on the policy design and principles underpinning CGT, was published in November 2020.

The second report, which will explore key technical and administrative issues, will be published later this year.

The Government will respond to these reports in due course.