§ 67. Mr. A. Boyleasked the Chancellor of the Exchequer how much revenue the capital gains tax has produced during 135W the first 12 months of operation; and how much revenue Stamp Duty has produced during the same period and during the previous 12 months.
§ Mr. MaudlingAssessments on short-term gains will not in general be made until the Income Tax year 1963–64 and the yield in 1962–63 will be nil. The net receipt from all Stamp Duties in the calendar year 1962, which is the latest period of 12 months for which figures are available, was £96.3 million, compared with £95.5 million in 1961.