Corporation Tax

HC Deb 20 December 1985 vol 89 c359W

Mr. Neil Hamilton

asked the Chancellor of the Exchequer if he will estimate the revenue yield in 1984–85 and 1985–86, respectively, from corporation tax on companies' capital gains.

Mr. Moore

Provisional estimates of receipts of corporation tax on capital gains are:

Receipts in	£million
1984–85	325
1985–86	450