§ Mr. Michael Lathamasked the Chancellor of the Exchequer what was the total cost to public funds of preparing, printing and distributing the document entitled "Capital Gains Tax—Development Gains from Land and First Letting Charge"; how many copies were distributed; and why no charge was made for this publication.
§ Mr. Denzil DaviesI will let the hon. Member have a reply as soon as possible.
§ Mr. Michael Lathamasked the Chancellor of the Exchequer how many chargeable gains for the purposes of development gains tax were the subject of assessment by the Revenue in the first financial year of the tax; and in how many cases no tax was subsequently charged.
§ Mr. Denzil DaviesI will let the hon. Member have a reply as soon as possible.
§ Mr. Michael Lathamasked the Chancellor of the Exchequer what proportion of taxpayers liable for development gains 586W tax in the first financial year of its operation opted for the gain to be spread over (a) four years, (b) three years, (c) two years, and (d) one year.
§ Mr. Denzil DaviesI will let the hon. Member have a reply as soon as possible.
§ Mr. Michael Lathamasked the Chancellor of the Exchequer how many assessments were made by the Revenue under the first letting or ocupation provisions of the development gains tax in the first financial year of the tax; and in how many cases no tax was subsequently charged.
§ Mr. Denzil DaviesI will let the hon. Member have a reply as soon as possible.
§ Mr. Michael Lathamasked the Chancellor of the Exchequer what was the total revenue obtained from the development gains tax during its first financial year of operation; what element of that total represented the yield from first lettings charge; and by how much the yield from the tax exceeded its annual administrative costs at Her Majesty's Treasury and the Inland Revenue, including provision for administrative overheads.
§ Mr. Denzil DaviesI will let the hon. Member have a reply as soon as possible.