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Capital Gains Tax

Volume 977: debated on Monday 21 January 1980

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asked the Chancellor of the Exchequer what increase would be required to the rate of income tax to make up for the abolition of capital gains tax.

asked the Chancellor of the Exchequer how many Inland Revenue staff are engaged on the administration of capital gains tax.

asked the Chancellor of the Exchequer how much revenue has been raised by capital gains tax in each year since 1970, and if he will show the figures on a 1970 base and also as a percentage of Inland Revenue receipts.

asked the Chancellor of the Exchequer if he will publish a regional breakdown showing where the staff of the Inland Revenue engaged in the administration of capital gains tax are based.

asked the Chancellor of the Exchequer if he will make a statement on the cost of collecting capital gains tax compared with other taxes collected by the Inland Revenue.