HC Deb 17 May 1966 vol 728 cc211-2W
71. Mr. Costain

asked the Chancellor of the Exchequer whether he is aware that the Estimates Committee in Session 1960–61 reported that they were not satisfied that sufficient attention was paid to the cost of collection of taxes and the apportionment of costs to subjects of taxation; what action the Board of Inland Revenue has taken towards implementing that recommendation; and to what extent regard was paid to it in framing the Capital Gains Tax in the Finance Act 1965.

Mr. Diamond

It has not been found practicable to make a reliable apportionment of costs of collection between the different taxes on income or the tax charged under the different Schedules. In framing the capital gains tax due regard was paid to costs of collection.