asked the Chancellor of the Exchequer what revenue has so far been obtained in respect of capital gains tax or corporation tax for those transactions which were formerly subject to Betterment Levy; and what is the anticipated yield for the present financial year.

No figures are available for the first part of the Question because betterment values are no longer assessed. It has been estimated that the extra capital gains tax, corporation tax and estate duty which will be paid this year as a result of the abolition of the Betterment Levy will be about £5 million. There is no break-down of this figure.