§ Mr. MandelsonTo ask the Chancellor of the Exchequer what were the total chargeable capital gains and the number of individuals having them in each year between 1979 and 1991–92 for those people having gains of(a) over £500,000, (b) £100,000 (c) £50,000 and (d) £5,000. [19088]
§ Sir George YoungFigures on assessed chargeable gains for individuals, including trusts, and estimated numbers of taxpayers since 1978–79 are published in table 14.1 and table 1.4 respectively in the 1994 edition of "Inland Revenue Statistics"—a copy of which is available in the Library. Because of time lags, assessment figures for the more recent years are less complete.
A more detailed breakdown for individuals, including trusts, who sold assets in 1991–92 with net chargeable gains exceeding the specified limits is given:
Net chargeable gains over (£) Number of taxpayers Net chargeable gains (£ million) 500,000 1,300 1,488 100,000 7,400 2,514 50,000 14,700 2,930 5,5001 90,000 3,971 1 £2,750 for trusts.