§ Mr. Cookasked the Chancellor of the Exchequer, if he will estimate the number of taxpayers whose personal wealth exceeds £100,000, the total amount of personal wealth in excess of £100,000, and the contribution which owner-occupied property makes to these figures.
§ Mr. RidleyThe latest available figures relating to type and size of wealth are for 1978, when 195,000 individuals are estimated to have had identified personal wealth exceeding £100,000. The average amount of such wealth in excess of £100,000 is estimated at some £110,000 per individual. Some 125,000 of these individuals are estimated to have possessed owner-occupier property valued on average at some £44,000 per owner-occupier. These figures are as defined for table 4.13, amended, of "Inland Revenue Statistics 1982", a copy of which is in the Library.