§ Mr. Malcolm BruceTo ask the Chancellor of the Exchequer what is his estimate of the annual yield to Her Majesty's Treasury from corporation tax levied on chargeable gains in the latest year for which figures are available. [21965]
§ Mr. Jack[holding answer 21 March 1996]: The yield of corporation tax on chargeable gains in 1993–94, the latest year for which reasonably complete information is available, is provisionally estimated to be £250 million. In addition, capital gains tax on individuals raised some £700 million.