HC Deb 26 July 1962 vol 663 c176W
53. Mr. Wainwright

asked the Chancellor of the Exchequer what would be the amount of tax obtained in a full financial year if a tax on personal wealth were to be introduced in the fallowing categories, namely, ½ per cent tax on all personal wealth of £20,000 to £50,000, 1 per cent. tax on all personal wealth of over £50,000 to £100,000, 2 per cent. tax an all personal wealth of £100,000 to £200,000, 3 per cent. tax on all personal wealth of £200,000 to £300,000, 4 per cent. tax on all personal wealth of £300,000 to £400,000, and five per cent. tax on all personal wealth of over £400,000.

Mr. du Cann

About £300 million.