HC Deb 26 February 1951 vol 484 cc260-1W
Mr. Boardman

asked the Chancellor of the Exchequer what is the current value of 26s. and 42s., respectively, as compared with October, 1946.

Mr. Jay

I assume my hon. Friend refers to value in terms of purchasing power over goods and services. About 22s. 2d. and 35s. 10d., respectively, calculated on the figure for January, 1951, on the official Index of Retail Prices introduced in June, 1947, and the previous cost-of-living index.

INCOME TAX—SCHEDULE "D"
Assessments made in 1948–49: Distribution of Trading Profits by Status of Concern and by Range of Profil
Range of Profit Totals Individuals Firms Companies and Local Authorities
Numbers Amount Numbers Amount Numbers Amount Numbers Amount
Not £ £ £ £
Exceeding £ Exceeding £ Thousands million Thousands million Thousands million Thousands million
0- 250 721.5 95.2 641.8 87.9 21.5 2.5 58.2 4.8
250- 500 449.8 152.1 402.4 134.9 28.9 10.7 18.5 6.5
500- 1,000 264.6 179.4 194.5 130.4 49.4 34.8 20.7 14.2
1,000- 1,500 85.1 99.4 53.0 61.7 19.6 23.1 12.5 14.6
1,500- 2,000 44.2 74.1 25.3 42.2 10.5 17.8 8.4 14.1
2,000- 3,000 45.3 106.7 21.8 51.1 11.2 26.8 12.3 28.8
3,000- 4,000 21.3 71.4 7.9 26.5 5.8 19.7 7.6 25.2
4,000- 5,000 12.6 55.3 3.8 16.9 3.6 15.8 5.2 22.6
5,000- 10,000 24.6 163.9 5.2 33.0 6.6 44.0 12.8 86.9
10,000- 15,000 8.0 95.2 .8 9.8 1.6 19.5 5.6 65.9
15,000- 20,000 3.7 62.2 .2 3.8 .5 9.1 3.0 49.3
20,000- 25,000 2.5 53.4 .1 2.1 .3 6.2 2.1 45.1
25,000- 30,000 1.9 48.4 .1 1.9 .2 4.8 1.6 41.7
30,000- 40,000 2.2 72.6 * 1.6 .2 5.9 2.0 65.1
40,000- 50,000 1.4 59.5 * 1.1 .1 2.8 1.3 55.6
50,000- 75,000 1.8 106.3 * .8 .1 4.3 1.7 101.2
75,000- 100,000 .9 74.0 * .5 * 2.0 .9 71.5
100,000- 200,000 1.5 196.3 * .4 * 4.6 1.5 191.3
200,000- 1,000,000 1.0 383.1 * 1.3 * 2.2 1.0 379.6
1,000,000 .2 405.7 — — — — .2 405.7
All ranges 1,694.1 2,554.2 1,356.9 607.9 160.1 256.6 177.1 1,689.7
* Less than 50.