§ Mr. Wakehamasked the Chancellor of the Exchequer what would be the appreciated value at the latest available date of an investment of £1,000 made on 5th April 1965, in order to retain the same purchasing power and sufficient to pay per capital gains tax at 30 per cent. on the appreciation.
§ Mr. Denzil DaviesI shall let the hon. Member have a reply as soon as possible.
§ Mr. Wakehamasked the Chancellor of the Exchequer what would be the appreciated value at 5th April 1965 of 201W an investment of £1,000 made on 5 th April 1955 in order to retain the same purchasing power.
§ Mr. Denzil DaviesIn April 1965 the sum of £1,325 had internal purchasing power approximately equivalent to that of £1,000 in 1955.