asked the Minister for Finance (a) the total anticipated yield from each of the capital taxes in the current year; and (b) the estimated yield that would have accrued in the current year from death duties, had they remained in force.
Written Answers. - Tax Yields.
217.
(a) The total anticipated yield from each of the capital taxes in the current year is as follows—
|
Capital tax |
Anticipated yield |
|
£m. |
|
|
Capital acquisitions tax |
6.5 |
|
Capital gains tax |
3.5 |
|
Death Duties |
3.5 |
|
Wealth tax |
0.5 |
|
Total |
14.0 |
(b) It is estimated that the yield in the current year from death duties would be £44 million had they remained in force and had the death duty legislation continued unaltered.