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Development Gains

Volume 927: debated on Tuesday 8 March 1977

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asked the Chancellor of the Exchequer what is the total yield of development gains tax in Wales to date.

About £350,000 of the £3·8 million of income tax on development gains so far received has been paid by residents in Wales. None of the receipts of corporation tax on development gains related to Wales and information on first lettings is not yet available.