HC Deb 29 July 1988 vol 138 c740W
Mr. Gordon Brown

To ask the Chancellor of the Exchequer if he will give the projected reduction in capital gains tax liability of(a) the top 1 per cent., (b) the top 5 per cent., (c) the top 10 per cent., (d) the bottom 70 per cent., (e) the bottom 60 per cent., (f) the bottom 50 per cent., and (g) the bottom 25 per cent, of those liable for capital gains tax in 1988–89, together with the total number of tax units estimated to be liable.

Mr. Norman Lamont

The estimated number of individuals and trusts liable to capital gains tax on disposals made in 1988–89 is 155,000. Available information is not sufficient to permit estimates of the reductions in gains tax liability at the levels of detail requested.

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