Capital Gains Tax

HC Deb 08 February 1995 vol 254 cc240-1W

Mr. Leigh

To ask the Chancellor of the Exchequer what were the costs of collecting capital gains tax for each of the previous five years.

Sir George Young

The figures for the five tax years to 1993–94—the latest figure available—are:

£ million
1989–90	34.3
1990–91	39.0
1991–92	43.3
1992–93	38.4
1993–94	41.9

The figures quoted exclude tax on gains made by companies included in corporation tax. Some of the costs associated with companies, however, cannot be separately identified and are therefore included in the costs figures for CGT rather than corporation tax.