Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the policy paper entitled Capital Gains Tax—rates of tax, published by HMRC on 6 November 2024, if she will publish a breakdown of the £600,000 required to make changes to IT systems.

HMRC do not provide detailed costs related to policy changes. The costs given represent a high level cost estimate for the changes required to HMRC IT systems to deliver this policy change which follow a recognised standard methodology.