§ 102. Mr. LEES-SMITHasked the Chancellor of the Exchequer what is the number of Income Tax payers and their total income?
§ Mr. CHURCHILLThe estimated total actual income liable to Income Tax for the year 1923–24 was about £2,300,000,000. The approximate number of individuals liable to tax (that is, with a total income exceeding £135 assessable income) was 5,000,000, of whom about 2,400,000 actually paid tax. These estimates are subject to revision.