HC Deb 17 February 1970 vol 796 c65W
5. Mr. Waddington

asked the Chancellor of the Exchequer what instructions are given to inspectors of taxes requiring them to inform taxpayers before or when assessments to capital gains tax are made that a taxpayer can elect to have the chargeable gain calculated by reference to the market value of the asset at 6th April, 1965, rather than on a time-apportionment basis.

Mr. William Rodgers

Inspectors of taxes are supplied with copies of a form to issue to taxpayers to help them decide whether or not to elect for the gain on an asset to be calculated by reference to its market value at 6th April, 1965.