§ Mr. MandelsonTo ask the Chancellor of the Exchequer how many individuals had capital gains in excess of(a) £500,000, (b) £100,000, (c) £50,000, (d) £6,000 and (e) less than £6,000 in the latest year for which figures are available.
§ Sir George YoungThe relevant information is given in the table for liabilities in 1991–92, the latest year for which a breakdown by size of gains is available.
Number of taxpayers Net chargeable gains in excess of Individuals Trustees Total £500,000 1,100 200 1,300 £100,000 6,400 1,000 7,400 £50,000 13,000 1,700 14,700 £5,5001 79,200 10,800 90,000 1 £2,750 for trustees. I regret that precise estimates are not possible for the number of individuals with net gains below the capital gains tax annual exempt amount of £5,500 in 1991–92.