Capital Gains Tax: Tax Allowances Jim Cousins To ask the Chancellor of the Exchequer what his estimate is of the annual value of capital gains tax taper relief on carried interest in each of the last three financial years. Mr. Laws To ask the Chancellor of the Exchequer what estimate he has made of the annual revenue yield from treating as income for tax purposes the capital gains received by private equity funds on disposals of assets held by the funds they manage; and if he will make a statement. Ed Balls Information is not collected in such a way as to enable these stimates to be made.