§ Mr. Langasked the Chancellor of the Exchequer what was the amount of tax paid on capital gains by the corporate sector; and what was the amount paid in capital gains tax by individuals during the last year for which figures are available.
§ Mr. Peter ReesThe amount of capital gains tax paid by individuals and trustees in 1980–81 was £508 million. Tax paid on capital gains by the corporate sector cannot be estimated precisely but is likely to have been of the order of £200 million.