§ Sir Brandon Rhys Williamsasked the Chancellor of the Exchequer what estimate he has of the yield of a donee based tax of 40 per cent. on all receipts of capital above (a) £50,000 per head and (b) £100,000 per head in place of capital transfer tax.
§ Mr. Norman LamontInsufficient information is recorded centrally about the recipients of gifts and legacies to enable estimates to be made of the yield of such a tax.