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Capital Transfer Tax

Volume 983: debated on Thursday 24 April 1980

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20.

asked the Chan cellor of the Exchequer when the annual yield from capital transfer tax will rise to the same percentage of gross domestic product as that provided by death duties in 1972.

The level of gross domestic product and the yield of capital transfer tax in future years will depend on the level of incomes, profits, prices and so on in those years.