asked the Minister for Finance if he will state, in relation to each of the financial periods during which the wealth tax has been in operation, the number of persons with taxable assets in the ranges (a) £70,000-£100,000; (b) £100,000-£250,000; (c) £250,000-£500,000; (d) £500,000-£750,000; (e) £750,000-£1,000,000; and (f) over £1,000,000.
Written Answers. - Wealth Tax.
117.
The statistics dealing with wealth tax which are at present available do not provide the information sought in relation to the valuation dates 5th April, 1976 and 5th April, 1977.
The statistics available do, however, provide the following information regarding cases relating to the valuation date 5th April, 1975, which were examined and assessed to tax from the introduction of the tax up to 30th April, 1977.
|
Ranges of taxable wealth |
Number of individuals taxable |
|
£70,000-£100,000 |
226 |
|
£100,000-£250,000 |
1,170 |
|
£250,000-£500,000 |
257 |
|
over £500,000 |
60 |