Capital Gains and Development Land Tax

HC Deb 30 October 1984 vol 65 c940W

Mr. Tim Smith

asked the Chancellor of the Exchequer what he estimates will be the yield and the cost of collection of capital gains tax and of development land tax in 1984–85 and each of the next four years.

Mr. Moore

Forecasts for 1984–85 are as follows:

£ Million
	Estimated yield	Estimated cost of collection
Capital Gains Tax	710	15
Development Land Tax	75	5

It is not the practice to supply forecasts for individual taxes for later years.