Dr. John CunninghamTo ask the Chancellor of the Exchequer how much revenue was raised by income tax, capital gains tax and corporation tax from landlords providing private rental accommodation in the past five years.
§ Mr. Dorrell[holding answer 9 July 1993]: Estimated revenue raised by income tax and capital gains tax for 1988–89 to 1992–93 from landlords providing private rental accommodation is shown.
£ Income Tax Accrual Capital Gains Tax Accrual 1988–89 250 250 1989–90 350 210 1990–91 310 100 1991–92 320 80 1992–93 320 40 All estimates are subject to a wide margin of error and the latest two years are projections.
Capital gains tax figures exclude gains made by companies which are chargeable to corporation tax.
Information is not available to produce estimates of the revenue raised by corporation tax from companies providing private rental accommodation.