HC Deb 17 June 1976 vol 913 c225W
18. Mr. Hugh Jenkins

asked the Chancellor of the Exchequer what progress he is making with his plans to introduce a wealth tax; and if he will take steps to introduce the tax in the present Session of Parliament.

Mr. Joel Barnett

Work on the wealth tax is continuing in the light of the Select Committee's Reports. But for the reasons my right hon. Friend explained to my right hon. Friend the Member for Battersea, North (Mr. Jay) on 18th December, he does not feel able to introduce legislation for the tax this Session.