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Capital Transfer Tax

Volume 13: debated on Friday 27 November 1981

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asked the Chancellor of the Exchequer what was the revenue gained from capital transfer tax for each year since its inception (a) in real terms and (b) as a percentage of total Government revenue.

[pursuant to his reply, 26 November 1981, c. 430]: The figures are as follows:

Revenue from Capital Transfer Tax
ActualAdjusted to October 1981 pricesAs a percentage of total Central Government revenue
£ million£ million
1975–761182530·4
1976–772594820·8

Actual

Adjusted to October 1981 prices

As a percentage of total Central Government revenue

£ million

£ million

1977–783115070·8
1978–793234870·7
1979–804015220·7
1980–814254750·6
The General Index of Retail Prices has been used to express the revenue in real terms.