Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent assessment he has made of the regional distribution of capital gains in the UK.
Capital Gains Tax (CGT) is reserved and applies across the whole of the UK.
In 2018-19, 92.3 percent of CGT liabilities arose in England, 1.6 percent in Wales, 4.6 percent in Scotland and 1.4 percent in Northern Ireland.
The full 2018-19 CGT data on individuals, gains and tax accruals by region is available online: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/908659/Table_5.pdf.