HC Deb 10 June 1969 vol 784 c232W
58. Sir C. Taylor

asked the Chancellor of the Exchequer how much the £ sterling has depreciated in value since the introduction of capital gains tax; and why this depreciation is not taken into account when calculating gain.

Mr. Harold Lever

By 14.6 per cent. to April 1969. I see no reason for singling out capital gains for special tax relief on this account.