HC Deb 19 November 1968 vol 773 cc242-3W
Mr. Patrick Jenkin

asked the Chancellor of the Exchequer if he is aware that Mr. W. B. Reddaway, who at his request is undertaking an inquiry into the effect of Selective Employment Tax on service trades, is refusing to regard himself as open to receive representations from the trades affected but only as entitled to seek assistance from such trades as he considers can help him; and if he will revise Mr. Reddaway's terms of reference, so that his inquiry may take account of all relevant representations.

Mr. Diamond

It is for Mr. Reddaway himself to decide how he conducts the inquiry and which representations are

DISTRIBUTION OF WEALTH OWNED BY INDIVIDUALS IN GREAT BRITAIN
Over Range of net wealth Not over Number of owners of wealth Amount of wealth
£ £ '000 Per cent. £'000m. Per cent.
1,000 5,398 31.2 2.8 3.4
1,000 3,000 5,273 30.5 9.8 11.7
3,000 5,000 2,966 17.1 11.6 13.9
5,000 10,000 2,177 12.6 15.3 18.3
10,000 15,000 620 3.6 7.6 9.1
15,000 20,000 270 1.6 4.8 5.7
20,000 25,000 157 0.9 3.4 4.1
25,000 50,000 279 1.6 9.9 11.8
50,000 100,000 109 0.6 7.5 9.0
100,000 200,000 37 0.2 5.1 6.1
200,000 14 0.1 5.8 6.9
Total 17,300 100.0 83.6 100.0

I regret that there are no official estimates for 1938.