§ 62. Sir R. Aclandasked the Chancellor of the Exchequer what part of the increase of Surtax and Income Tax, over and above what would have been received if present rates were continued, comes from Surtax, from Income Tax on incomes over £5,000, from Income Tax on incomes between £1,000 and £5,000, and from Income Tax on incomes under £1,000?
§ Captain CrookshankAs the answer involves a table of figures, I will, with my hon. Friend's permission, circulate it in the OFFICIAL REPORT.
§ Sir R. AclandAs the total contains only four figures, I would ask the right hon. and gallant Gentleman to read the four figures asked for now.
§ Captain CrookshankThe hon. Gentleman has not seen the table. He is wrong
| Ranges of Income. | Number of Taxpayers. | Yield in 1941–42. | Yield in a Full Year. | |||||||
| £ | £ | £m | £m | |||||||
| 110 | 1,000 | 7,500,000 | 85 | 162 | ||||||
| 1,000 | 5,000 | 275,000 | 32 | 45 | ||||||
| Over £5,000 | … | … | … | … | 25,000 | 18 | 24 | |||
| Total for individuals | … | … | … | 7,800,000 | 135 | 231 | ||||
| Non-personal income (companies' reserves, life insurance funds, &c). | 16 | 22 | ||||||||
| Total | … | … | … | … | … | … | … | … | £m151 | 253 |