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Capital Gains Tax

Volume 22: debated on Thursday 29 April 1982

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asked the Chancellor of the Exchequer what will be the effect upon the number of Inland Revenue staff employed as a result of the indexation of the capital gains tax

[pursuant to his reply, 28 April 1982, c. 277]: The staffing effect of indexation cannot be readily distinguished from that of increasing the threshold for capital gains tax. The combined effect of the two measures will be a staff cost of about 20 units in 1983–84, but thereafter staff savings will rise.