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Development Gains Tax

Volume 893: debated on Thursday 12 June 1975

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asked the Chancellor of the Exchequer (1) what is the revenue to date received from he development gains tax;(2) what is his latest estimate of the administrative costs of the development gains tax; and how many civil servants in (

a) the Treasury and ( b) the Inland Revenue are engaged wholly or mainly in administrative work on this tax.

I would refer the hon. Member to my answers on 9th December last—[Vol. 883, c. 42–3.] The annual salary cost, which relates solely to the Inland Revenue, is now estimated at about £215,000 with the inclusion of administrative overheads.