Capital Gains Tax

HC Deb 24 January 1967 vol 739 c219W

35. Mr. Costain

asked the Chancellor of the Exchequer how much tax the Capital Gains Tax has yielded to date.

Mr. MacDermot

About £4 million excluding the Corporation Tax on the capital gains of companies.

43. Mr. J. E. B. Hill

asked the Chancellor of the Exchequer whether he will introduce legislation to clarify the ambiguities of the Capital Gains Tax in relation to the disposal of land.

Mr. MacDermot

I am not aware of any such ambiguities.