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Capital Taxes

Volume 22: debated on Tuesday 20 April 1982

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asked the Chancellor of the Exchequer what is the annual cost at 1982–83 prices of all the changes made in capital taxes since April 1979.

About £600 million, if it can be assumed that the levels of transfers and gains that are estimated in 1982–83 would still be the same if the changes referred to had not been made.