§ Sir C. Taylorasked the Chancellor of the Exchequer if he will list the 17 firms from which he required, for the month of March, 1969, details of all transactions in chattels of over £1,000.
§ Mr. TaverneNo.
§ Sir Clive Bossomasked the Chancellor of the Exchequer what standard formula 144W his Department has adopted for agreeing with taxpayers for capital gains tax purposes the percentage increase in value of chattels disposed of for over £1,000 which were held on 5th April, 1965, and for which there is therefore no subsequent acquisition price.
§ Mr. TaverneNo standard formula has been adopted.
145W
§ Sir Clive Bossomasked the Chancellor of the Exchequer how many full-time and part-time valuers, respectively, he has working on the valuation of chattels for the purposes of capital gains tax; and what is their total annual salary bill.
§ Mr. TaverneNo professional valuers are so employed. Questions arising from the valuation of chattels for capital gains tax purposes are dealt with either in tax offices or in the Estate Duty Office—where one senior examiner spends approximately two-fifths of his time working on the valuation of chattels for the purposes of capital gains tax alone at an annual salary cost of about £1,100.
§ Mr. Worsleyasked the Chancellor of the Exchequer for what periods other than March, 1969, he has required, from art dealers, auctioneers and others, under the requirement of paragraph 7(6) of Schedule 10 to the Finance Act, 1965, details of all transactions in chattels of over £1,000 value.
§ Mr. TaverneNone, so far.