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|
|Actual||Adjusted to October 1981 prices||As a percentage of total Central Government revenue|
|£ million||£ million|
Adjusted to October 1981 prices
As a percentage of total Central Government revenue
|The General Index of Retail Prices has been used to express the revenue in real terms.|