§ Mr. Neil Thorneasked the Chancellor of the Exchequer how much was collected in development land tax for the last available annual period; and what was the cost of collection.
§ Mr. WakehamThe information available for the two latest financial years is as follows:
£ million 1981–82 1982–83 (provisional) Total receipts 39 65 Estimated cost of collection 4.8 about 5 In addition to the total receipts, net of tax benefit to local authorities amounted to about £2 million in each of the two years.