§ Mr. NormanTo ask the Chancellor of the Exchequer what are the estimated revenues from Capital Gains Tax in 1995–96; and how much of this is derived from gains realised on investments of less than 12 months' duration. [3703]
§ Dawn PrimaroloReceipts from capital gains tax were £796 million in 1995–96. It is not yet possible to estimate the proportion due to disposals of assets held for less than 12 months.