Housing: Capital Gains Tax

(asked on 8th February 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how much money was accrued to the public purse from Capital Gains Tax paid on residential property in each year since 2000.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 20th February 2018

The amount of money accrued to the public purse from Capital Gains Tax paid on residential property in each year since 2000 is not readily available.

Tax data from residential property gains is not readily available because, historically, it has not been collected separately as part of Self Assessment returns. It could be provided only at disproportionate cost using significant analytical resource to compute estimates. However, from 2016/17 the Capital Gains Tax Self Assessment return includes a separate section that will collect information on tax payable on residential property gains.

Reticulating Splines