asked the Minister for Finance the total value of wealth liable to wealth tax in the last full year in which it operated; the number and value of allowances claimed; the taxable wealth; and the tax collected.
Written Answers. - Wealth Tax.
641.
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 wealth tax which were paid in the period from 5 April 1977 to 4 April 1978.
|
Net Market Value of taxable wealth |
Exclusions (i.e. threshold) |
Value for assessment |
Net tax paid in respect of the assessments |
|
£m |
£m |
£m |
£m |
|
621.7 |
200.8 |
420.9 |
4.2¹ |
¹The net receipt for the year ending 31 December 1977 was £5.81 million including payments on account where assessments had not been made.