HC Deb 03 February 1995 vol 253 c904W
Mr. Mandelson

To 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 Young

The 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.

Back to