§ Mr. Nicholas BrownTo ask the Chancellor of the Exchequer what is the reduction in annual liability to capital gains tax, in 1991–92 and 1992–93 as against the 1978–79 indexed regime specifying in each case the total and average reduction per taxpayer as well as the number of taxpayers in each year, in the United Kingdom.
§ Mr. MaudeEstimates of the difference between the CGT liability on the current regime and on the 1978–79 indexed regime are not available, as indicated in my reply to the hon. Member on 15 March 1991,Official Report, columns 704–5.
436WLatest available estimates of taxpayer numbers for capital gains tax for 1991–92 and 1992–93, assuming statutory indexation of the annual exempt amount, excluding gains realised by companies, which are included in assessments to corporation tax, are:
Liabilities Thousands 1991–92 105 1992–93 90