asked the Minister for Finance the total value of property assessable for capital acquisitions tax; the number and value of allowances claimed; the taxable property; and the tax collected in each of the last four financial years.
Written Answers. - Capital Acquisitions Tax.
642.
The information is not available in the precise form, in which it is requested. The information available is set out hereunder in the form of a tabular statement, relating to assessments of capital acquisitions tax, which were paid in the relevant year ending 31 December.
|
Year |
Gross capital |
Deductions & Reductions |
Taxable Value |
Net tax paid in respect of the assessments |
Net receipts¹ |
|
£m |
£m |
£m |
£m |
£m |
|
|
1979 |
46.91 |
8.71 |
38.20 |
5.27 |
7.53 |
|
1980 |
62.89 |
12.21 |
50.68 |
6.85 |
7.99 |
|
1981 |
69.77 |
14.79 |
54.98 |
7.17 |
9.16 |
|
1982 |
91.42 |
18.71 |
72.71 |
9.24 |
11.76 |
¹Net receipts include payments on account; in those cases particulars of the assessments are not abstracted.