§ Mr. Wigleyasked the Chancellor of the Exchequer (1) how many civil servants are employed exclusively in administering capital transfer tax; what is the estimated annual cost of administering this tax; and what is its estimated gross yield in the current financial year;
(2) how many civil servants are employed exclusively in administering surtax; what is the estimated annual cost of administering this tax; and what is its estimated gross yield in the current financial year.
§ Mr. Robert SheldonThe information is given in the table below. The cost of administration for surtax is the actual cost for the year 1974–75; that for capital transfer tax is the estimated cost for 1975–76—the first full year of operation. The estimated yield of tax in each case is the net figure as published in the 1975–76 Financial Statement and Budget Report. No forecasts are published of tax yield gross of repayments.