44. Mr. PRICEasked the Chancellor of the Exchequer the amount of revenue from Income Tax upon incomes up to £500, between £500 and £750, between £750 and £1,000, and over £1,000?
§ Mr. H0RE-BELISHAThe statistics collected regarding the Income Tax do not classify, by reference to amount of total income, either the numbers of taxpayers or the amounts of tax paid by them, and it is only possible therefore to make rough estimates of the distribution of the produce of the Income Tax (including Surtax) over wide zones of income. It is estimated that the total tax payable by individuals is £250,000,000, divided as follows:
| £ | ||
| Incomes up to £500 | … | 23,000,000 |
| Incomes £500 to £1,000 | … | 35,000,000 |
| Incomes £1,000 to £2,000 | … | 40,000,000 |
| Incomes exceeding £2,000 | … | 152,000,000 |