Capital Gains Tax

HC Deb 17 May 1994 vol 243 cc396-7W

Mr. Matthew Taylor

To ask the Chancellor of the Exchequer what is the latest estimated level of uncollected capital gains tax, in figures and as a percentage, for each year since 1979, including 1993.

Mr. Dorrell

The amounts of capital gains tax uncollected and consequently remitted or written off as irrecoverable since 1979 are as follows:

Year	Amount in £thousands	As a percentage of total capital gains tax collected
1979	15,182	0.51
1980	3,591	0.71
1981	2,734	0.61
1982	4,868	0.78
1983	6,496	1.01
1984	5,998	0.84
1985	7,562	0.93
1986	10,064	0.99
1987	8,822	0.79
1988	12,680	0.80
1989	10,864	0.47
1990	12,002	0.64
1991	29,721	1.58
1992	57,836	4.69
1993	n.a.	n.a.

Note:

The figures for 1993 are not sufficiently complete to allow the necessary comparison to be made and consequently the information is not available in the form requested.