Estate Duty and Capital Gains Tax

HC Deb 19 December 1967 vol 756 c351W

70.Mr. Costain

asked the Chancellor of the Exchequer if he will publish the terms of the concession made by the Inland Revenue to the effect that, in cases where Estate Duty and Capital Gains Tax produces a combined tax liability of over 20s. in the £ sterling, the Revenue will not exact more than 20s. in the £ sterling.

Mr. Diamond:

I am not clear what type of case the hon. Member has in mind. If he will send me particulars I will look into the matter.