§ Mr. Joel Barnettasked the Chancellor of the Exchequer in the latest year for which the information is available, what would be the yield from capital gains tax at the following rates: first £2,000 at 30 per cent., next £3,000 at 40 per cent., remainder at 50 per cent.; first £3,000 at 30 per cent., next £2,000 at 40 per cent., remainder at 50 per cent.; first £5,000 at 245W 30 per cent., next £5,000 at 40 per cent., remainder at 50 per cent.; and first £2,000 at 30 per cent., next £3,000 at 40 per cent., next £5,000 at 50 per cent., next £10,000 at 60 per cent. and remainder at 75 per cent.
§ Mr. NottIf the proposed schemes had applied to chargeable gains realised in 1969–70 then the additional yields for that year would be £65 million, £60 million, £50 million, and £110 million respectively, on the assumption that there would be no further application of the alternative method—of charging gains as an addition to income—beyond that obtained under the present system.