§ Mr. LawsTo ask the Chancellor of the Exchequer further to his answer of 17 December 2001,Official Report, column 32W, on Capital Gains Tax, what estimates for the Capital Gains Tax yield in (a) 2002–03 and (b) 2003–04 are used to derive the estimates for tax revenues contained in the pre-Budget report of November 2001; and if he will make a statement. [25784]
§ Dawn PrimaroloThe available estimates of Capital Gains Tax receipts in years to 2002–03 are given in Table B11 of the November 2001 pre-Budget report and receipts mostly relate to accruals of the previous tax year. Estimates for later years are highly dependent on assumed growth in asset values.