Capital Gains Tax

(asked on 16th October 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what has been the annual cost to the public purse of section 187 of the Taxation of Chargeable Gains Act 1992 for each year since its introduction.


Answered by
Mel Stride Portrait
Mel Stride
Secretary of State for Work and Pensions
This question was answered on 22nd October 2018

The Government does not hold data specifically on the annual cost of section 187 of the Taxation of Chargeable Gains Act 1992. Information on the use of section 187 is reported to HMRC in tax returns, but the relevant data is not held in a centralised form, and the cost of gathering for statistical purposes is disproportionate.

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